| IBB latest price $119.2650 (2.97%) ($116.5400 - $119.3400) on Thu. Apr. 16, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.18% (three month average) |
| RSI | 65 |
| Latest Price | $119.2650(2.97%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 4.7% 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(76%) XBI(76%) ARKG(69%) IWF(69%) IVW(68%) |
| Factors Impacting IBB price | IBB will decline at least -1.59% in a week (0% probabilities).
VIXM(-42%) UUP(-22%) VXX(-18%) TBT(-5%) TLT(4%) |
| 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 | -1.59% (StdDev 3.18%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
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