| IBB latest price $171.6000 (-0.2%) ($171.6000 - $171.6000) on Tue. Aug. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 49 |
Latest Price | $171.6000(-0.2%) |
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 declines -1.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) IWO(80%) IWM(75%) IWC(73%) IVW(72%) IWF(72%) |
Factors Impacting IBB price | IBB will decline at least -0.625% in a week (0% probabilities). VIXM(-44%) 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 | -0.625% (StdDev 1.25%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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