| IBB latest price $151.2800 (1.56%) ($151.2800 - $151.2800) on Wed. Apr. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 59 |
Latest Price | $151.2800(1.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.3% a day on average for past five trading days. |
Weekly Trend | IBB advances 0.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) IWO(78%) IWM(72%) IWC(70%) XBI(70%) IVW(69%) |
Factors Impacting IBB price | IBB will decline at least -0.785% in a week (0% probabilities). VIXM(-42%) UUP(-23%) VXX(-14%) TBT(-9%) USO(0%) |
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 | -0.785% (StdDev 1.57%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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