| IBB latest price $127.9700 (-0.14%) ($127.9700 - $127.9700) on Tue. Aug. 15, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.81% (three month average) |
| RSI | 46 |
| Latest Price | $127.9700(-0.14%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | IBB declines -0.2% 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)
XBI(90%) ARKG(83%) IWO(80%) IWM(79%) IWN(76%) |
| Factors Impacting IBB price | IBB will decline at least -0.405% in a week (0% probabilities).
VXX(-43%) VIXM(-39%) TBT(-36%) UUP(-22%) USO(-4%) |
| 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 | -0.405% (StdDev 0.81%) |
| Hourly BBV | -0.5 () |
| Intraday Trend | 0% |
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