| IBB latest price $100.9300 (2.16%) ($97.1270 - $103.0000) on Thu. Mar. 19, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.71% (three month average) |
| RSI | 42 |
| Latest Price | $100.9300(2.16%) |
| 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 declines -8.1% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based rally for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(79%) XBI(79%) IVW(74%) IWF(74%) QQQ(73%) |
| Factors Impacting IBB price | IBB will decline at least -1.355% in a week (0% probabilities).
VIXM(-47%) VXX(-22%) UUP(-12%) TLT(-4%) TBT(1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -1.355% (StdDev 2.71%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | 0% |
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