| IBB latest price $147.8150 (-1.67%) ($147.8150 - $147.8150) on Wed. Dec. 9, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.65% (three month average) |
| RSI | 80 |
| Latest Price | $147.8150(-1.67%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | IBB advances 3.4% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(78%) IWM(72%) XBI(72%) IWC(70%) IWF(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.825% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) VXX(-15%) TBT(-9%) IGOV(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.825% (StdDev 1.65%) |
| Hourly BBV | -1.3 () |
| Intraday Trend | 0% |
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