| IBB latest price $117.2600 (-2.19%) ($116.8600 - $117.2600) on Tue. Jun. 28, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.23% (three month average) |
| RSI | 48 |
| Latest Price | $117.2600(-2.19%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.9% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2.4% 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(78%) IWM(75%) IWC(73%) IWD(73%) SPY(72%) |
| Factors Impacting IBB price | IBB will decline at least -1.115% in a week (0% probabilities).
VIXM(-26%) UUP(-21%) TBT(-14%) VXX(-7%) EDOC(1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.115% (StdDev 2.23%) |
| Hourly BBV | -1.5 () |
| Intraday Trend | 0% |
| | |
| |
|