| IBB latest price $122.7050 (-0.13%) ($122.7050 - $122.7050) on Wed. Jul. 6, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.24% (three month average) |
| RSI | 79 |
| Latest Price | $122.7050(-0.13%) |
| 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 5% 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(78%) IWM(75%) IWC(74%) IWD(74%) SPY(72%) |
| Factors Impacting IBB price | IBB will decline at least -1.12% in a week (0% probabilities).
VIXM(-25%) UUP(-21%) TBT(-14%) VXX(-7%) EDOC(-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 | -1.12% (StdDev 2.24%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0% |
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