| IBB latest price $119.5850 (4.07%) ($119.5850 - $120.0500) on Wed. Sep. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.7% (three month average) |
RSI | 33 |
Latest Price | $119.5850(4.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.3% a day on average for past five trading days. |
Weekly Trend | IBB declines -4% 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(71%) |
Factors Impacting IBB price | IBB will decline at least -0.85% in a week (0% probabilities). UUP(-20%) VIXM(-17%) TBT(-17%) VXX(-7%) EDOC(0%) |
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 | -0.85% (StdDev 1.7%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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