| IBB latest price $116.6300 (0.63%) ($115.5500 - $117.0100) on Thu. Jan. 25, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.02% (three month average) |
RSI | 72 |
Latest Price | $116.6300(0.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.9% a day on average for past five trading days. |
Weekly Trend | IBB advances 2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) XBI(83%) IWO(80%) IWF(76%) ARKG(75%) IVW(75%) |
Factors Impacting IBB price | IBB will decline at least -0.51% in a week (0% probabilities). VIXM(-18%) UUP(-16%) TLT(-10%) SHY(-3%) BLOK(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.51% (StdDev 1.02%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|