| IBB latest price $123.4500 (0.72%) ($123.4500 - $123.4500) on Mon. Dec. 4, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.07% (three month average) |
| RSI | 77 |
| Latest Price | $123.4500(0.72%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.8% a day on average for past five trading days. |
| Weekly Trend | IBB advances 1.6% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
DIA(99%) XBI(95%) IVE(94%) VYM(87%) SDY(86%) |
| Factors Impacting IBB price | IBB will decline at least -0.535% in a week (0% probabilities).
VXX(-39%) VIXM(-37%) BNDX(-19%) UUP(-8%) EDOC(-7%) |
| 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 | 1.4 () |
| Intraday Trend | 0% |
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