| IBB latest price $132.5400 (0.98%) ($131.0800 - $132.5400) on Fri. Aug. 12, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.9% (three month average) |
| RSI | 73 |
| Latest Price | $132.5400(0.98%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.2% a day on average for past five trading days. |
| Weekly Trend | IBB advances 3.3% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(77%) IWM(75%) IWD(74%) IWC(73%) DIA(72%) |
| Factors Impacting IBB price | IBB will decline at least -0.95% in a week (0% probabilities).
VIXM(-23%) UUP(-22%) TBT(-16%) VXX(-7%) UNG(6%) |
| 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 | -0.95% (StdDev 1.9%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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