| IBB latest price $113.9200 (-0.25%) ($113.2400 - $115.0000) on Mon. Mar. 18, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.67% (three month average) |
| RSI | 53 |
| Latest Price | $113.9200(-0.25%) |
| 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 -0.1% a week on average for past two weeks. |
| Market Behavior | Value stock 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(81%) IWO(80%) IWF(75%) IVW(74%) ARKG(73%) |
| Factors Impacting IBB price | IBB will decline at least -0.835% in a week (0% probabilities).
VXX(-19%) UUP(-17%) VIXM(-9%) TLT(-9%) IFRA(-7%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.835% (StdDev 1.67%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.3% |
| | |
| |
|