| IBB latest price $97.2500 (-0.99%) ($94.1680 - $99.8000) on Mon. Mar. 23, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.73% (three month average) |
| RSI | 37 |
| Latest Price | $97.2500(-0.99%) |
| 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 -7.9% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(78%) XBI(78%) IWF(73%) IVW(72%) QQQ(72%) |
| Factors Impacting IBB price | IBB will decline at least -1.365% in a week (0% probabilities).
VIXM(-45%) VXX(-21%) UUP(-15%) TLT(-3%) TBT(2%) |
| 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 | -1.365% (StdDev 2.73%) |
| Hourly BBV | -1.4 () |
| Intraday Trend | 0% |
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