| IBB latest price $123.4400 (0.44%) ($123.4400 - $123.4400) on Tue. Dec. 24, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.95% (three month average) |
RSI | 62 |
Latest Price | $123.4400(0.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.4% a day on average for past five trading days. |
Weekly Trend | IBB advances 1% 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) IWO(80%) XBI(80%) IVW(75%) IWF(75%) QQQ(74%) |
Factors Impacting IBB price | IBB will decline at least -0.475% in a week (0% probabilities). VIXM(-49%) VXX(-24%) UUP(-10%) TLT(-7%) SHY(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.475% (StdDev 0.95%) |
Hourly BBV | -2.4 () |
Intraday Trend | 0% |
| |
|
|