| IBB latest price $172.9600 (-1.74%) ($172.9600 - $172.9600) on Tue. Aug. 10, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.14% (three month average) |
RSI | 64 |
Latest Price | $172.9600(-1.74%) |
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 2.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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 -0.57% 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 | -0.57% (StdDev 1.14%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0% |
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