| IBB latest price $161.7900 (-0.1%) ($161.7900 - $161.7900) on Mon. Jun. 14, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.37% (three month average) |
| RSI | 80 |
| Latest Price | $161.7900(-0.1%) |
| 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 3.6% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(78%) IWM(73%) IWC(71%) IVW(70%) IWF(70%) |
| Factors Impacting IBB price | IBB will decline at least -0.685% in a week (0% probabilities).
VIXM(-43%) UUP(-23%) VXX(-14%) TBT(-9%) USO(1%) |
| 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 | -0.685% (StdDev 1.37%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | 0% |
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