| IBB latest price $100.0300 (0.86%) ($98.8000 - $100.1000) on Thu. Sep. 22, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 68 |
Latest Price | $100.0300(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.7% a day on average for past five trading days. |
Weekly Trend | IBB advances 2.1% 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(84%) IWO(78%) ARKG(75%) IWF(73%) XLV(73%) |
Factors Impacting IBB price | IBB will decline at least -0.77% in a week (0% probabilities). VIXM(-20%) UUP(-13%) TLT(-11%) SHY(-4%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.77% (StdDev 1.54%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|