| IBB latest price $168.2550 (-1.27%) ($168.2150 - $168.2550) on Wed. Aug. 18, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.22% (three month average) |
| RSI | 56 |
| Latest Price | $168.2550(-1.27%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 0.2% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(79%) IWM(74%) IWC(73%) IVW(71%) IWF(71%) |
| Factors Impacting IBB price | IBB will decline at least -0.61% in a week (0% probabilities).
VIXM(-43%) UUP(-23%) VXX(-13%) 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 | -0.61% (StdDev 1.22%) |
| Hourly BBV | 0.5 () |
| Intraday Trend | 0% |
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