| IBB latest price $133.0900 (-0.86%) ($133.0900 - $133.0900) on Wed. Feb. 2, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.63% (three month average) |
| RSI | 35 |
| Latest Price | $133.0900(-0.86%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.1% a day on average for past five trading days. |
| Weekly Trend | IBB declines -2.2% a week on average for past two weeks. |
| Market Behavior | Broad based rally 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(83%) IWM(79%) IWC(76%) IVW(75%) SPY(75%) |
| Factors Impacting IBB price | IBB will decline at least -0.815% in a week (0% probabilities).
VIXM(-44%) UUP(-25%) VXX(-12%) TBT(-12%) 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 | -0.815% (StdDev 1.63%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | 0% |
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