| IBB latest price $154.6700 (0.62%) ($154.6700 - $154.6700) on Fri. Nov. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.16% (three month average) |
| RSI | 32 |
| Latest Price | $154.6700(0.62%) |
| 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 -2.3% a week on average for past two weeks. |
| Market Behavior | Rotation from value to growth 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(81%) IWM(77%) IWC(75%) IVW(73%) IWF(73%) |
| Factors Impacting IBB price | IBB will decline at least -0.58% in a week (0% probabilities).
VIXM(-43%) UUP(-23%) VXX(-13%) TBT(-12%) IGOV(-0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.58% (StdDev 1.16%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0% |
| | |
| |
|