| IBB latest price $106.5700 (-0.32%) ($105.8500 - $107.2900) on Mon. Jun. 26, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1% (three month average) |
RSI | 84 |
Latest Price | $106.5700(-0.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 1.3% a day on average for past five trading days. |
Weekly Trend | IBB advances 4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) XBI(83%) IWO(79%) ARKG(75%) IWF(75%) IVW(74%) |
Factors Impacting IBB price | IBB will decline at least -0.5% in a week (0% probabilities). VIXM(-19%) UUP(-15%) TLT(-10%) SHY(-3%) IPO(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.5% (StdDev 1%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
| |
|
|