| IBB latest price $113.8900 (0.88%) ($112.3900 - $114.3000) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.09% (three month average) |
| RSI | 70 |
| Latest Price | $113.8900(0.88%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.2% a day on average for past five trading days. |
| Weekly Trend | IBB advances 4.5% 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(77%) IWO(76%) ARKG(70%) IWF(70%) IVW(69%) |
| Factors Impacting IBB price | IBB will decline at least -1.545% in a week (0% probabilities).
VIXM(-43%) UUP(-22%) VXX(-18%) TBT(-4%) IGOV(3%) |
| 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 | -1.545% (StdDev 3.09%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0% |
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