| IBB latest price $128.6700 (1%) ($128.6700 - $128.6700) on Fri. Mar. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 59 |
Latest Price | $128.6700(1%) |
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 advances 0.7% 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(87%) IWO(72%) IWM(70%) XLV(69%) IWD(68%) |
Factors Impacting IBB price | IBB will decline at least -0.585% in a week (0% probabilities). VXX(-42%) VIXM(-37%) TBT(-20%) UUP(-18%) BNDX(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.585% (StdDev 1.17%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|