| IBB latest price $123.0150 (0.86%) ($123.0150 - $123.0150) on Tue. Oct. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.73% (three month average) |
| RSI | 41 |
| Latest Price | $123.0150(0.86%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.6% a day on average for past five trading days. |
| Weekly Trend | IBB declines -0.4% 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)
XBI(92%) ARKG(83%) IWO(83%) IWD(82%) IWM(82%) |
| Factors Impacting IBB price | IBB will decline at least -0.365% in a week (0% probabilities).
VXX(-45%) VIXM(-40%) TBT(-38%) EDOC(-27%) UUP(-21%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.365% (StdDev 0.73%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0% |
| | |
| |
|