| IBB latest price $122.5650 (1.41%) ($122.5650 - $122.5700) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.07% (three month average) |
| RSI | 75 |
| Latest Price | $122.5650(1.41%) |
| 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 1.3% 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)
DIA(98%) XBI(95%) IVE(92%) VYM(87%) SDY(86%) |
| Factors Impacting IBB price | IBB will decline at least -0.535% in a week (0% probabilities).
VIXM(-37%) VXX(-33%) BNDX(-19%) UUP(-8%) TBT(-6%) |
| 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 | -0.535% (StdDev 1.07%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
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