| IBB latest price $98.2300 (0.21%) ($96.2100 - $99.6700) on Tue. Aug. 2, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.72% (three month average) |
| RSI | 85 |
| Latest Price | $98.2300(0.21%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 3.7% 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(84%) IWO(78%) ARKG(75%) IWF(73%) XLV(73%) |
| Factors Impacting IBB price | IBB will decline at least -0.86% in a week (0% probabilities).
VIXM(-21%) UUP(-13%) TLT(-11%) IPO(-7%) SHY(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.86% (StdDev 1.72%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0% |
| | |
| |
|