| IBB latest price $131.1750 (4.01%) ($131.1750 - $131.1900) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.18% (three month average) |
| RSI | 84 |
| Latest Price | $131.1750(4.01%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.2% a day on average for past five trading days. |
| Weekly Trend | IBB advances 3.1% 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(96%) IFRA(88%) SDY(88%) VYM(88%) IVE(85%) |
| Factors Impacting IBB price | IBB will decline at least -0.59% in a week (0% probabilities).
VXX(-47%) VIXM(-44%) EDOC(-18%) BNDX(-18%) UUP(-11%) |
| 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 | -0.59% (StdDev 1.18%) |
| Hourly BBV | 2.4 () |
| Intraday Trend | 0% |
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