| IBB latest price $87.5900 (1.39%) ($85.9300 - $87.9200) on Wed. May. 18, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 39 |
Latest Price | $87.5900(1.39%) |
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 declines -1.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) XBI(85%) IWO(78%) ARKG(75%) IWF(73%) XLV(73%) |
Factors Impacting IBB price | IBB will decline at least -1% in a week (0% probabilities). VIXM(-22%) UUP(-14%) TLT(-12%) SHY(-5%) IPO(-5%) |
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 | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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