| IBB latest price $113.6200 (-0.66%) ($113.2900 - $114.4700) on Wed. Dec. 30, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 64 |
Latest Price | $113.6200(-0.66%) |
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 2.3% 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(86%) IWO(78%) ARKG(74%) XLV(74%) IWF(72%) |
Factors Impacting IBB price | IBB will decline at least -0.905% in a week (0% probabilities). VIXM(-25%) TLT(-14%) UUP(-12%) SHY(-6%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.905% (StdDev 1.81%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
| |
|
|