| IBB latest price $128.8900 (-1.11%) ($128.8100 - $128.8900) on Wed. Nov. 9, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.76% (three month average) |
| RSI | 75 |
| Latest Price | $128.8900(-1.11%) |
| 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 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(75%) IWM(72%) IWD(70%) IWC(69%) IVE(68%) |
| Factors Impacting IBB price | IBB will decline at least -0.88% in a week (0% probabilities).
TBT(-15%) VIXM(-11%) UUP(-9%) VXX(-7%) UNG(-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 | -0.88% (StdDev 1.76%) |
| Hourly BBV | -0.7 () |
| Intraday Trend | 0% |
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