| IBB latest price $133.1900 (2.18%) ($133.1900 - $133.2100) on Tue. Jan. 10, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.5% (three month average) |
| RSI | 56 |
| Latest Price | $133.1900(2.18%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.5% a day on average for past five trading days. |
| Weekly Trend | IBB declines -0.1% 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)
XBI(86%) IWO(72%) XLV(71%) IWM(70%) IWD(68%) |
| Factors Impacting IBB price | IBB will decline at least -0.75% in a week (0% probabilities).
VIXM(-41%) UUP(-21%) VXX(-18%) TBT(-15%) EDOC(-11%) |
| 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 | -0.75% (StdDev 1.5%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 0% |
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