| IBB latest price $117.9650 (0.6%) ($117.9650 - $117.9650) on Wed. Jun. 29, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.2% (three month average) |
| RSI | 48 |
| Latest Price | $117.9650(0.6%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.8% a day on average for past five trading days. |
| Weekly Trend | IBB advances 3.8% a week on average for past two weeks. |
| Market Behavior | Normal 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 -1.1% 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. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -1.1% (StdDev 2.2%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | 0% |
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