| IBB latest price $169.2200 (1.98%) ($169.2200 - $169.2300) on Tue. Aug. 3, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.16% (three month average) |
| RSI | 75 |
| Latest Price | $169.2200(1.98%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.9% a day on average for past five trading days. |
| Weekly Trend | IBB advances 1.8% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(79%) IWM(74%) IWC(72%) IVW(71%) IWF(71%) |
| Factors Impacting IBB price | IBB will decline at least -0.58% in a week (0% probabilities).
VIXM(-43%) UUP(-23%) VXX(-13%) 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 | -0.58% (StdDev 1.16%) |
| Hourly BBV | 3.1 () |
| Intraday Trend | 0% |
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