| IBB latest price $113.4750 (1.39%) ($113.4750 - $113.4750) on Wed. Jun. 22, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.17% (three month average) |
| RSI | 46 |
| Latest Price | $113.4750(1.39%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.4% a day on average for past five trading days. |
| Weekly Trend | IBB declines -2.7% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(79%) IWM(76%) IWC(74%) IWD(73%) SPY(72%) |
| Factors Impacting IBB price | IBB will decline at least -1.085% in a week (0% probabilities).
VIXM(-30%) UUP(-20%) TBT(-16%) VXX(-8%) UNG(2%) |
| 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 | -1.085% (StdDev 2.17%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0% |
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