| IBB latest price $131.1500 (-2.02%) ($131.0500 - $136.1300) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.32% (three month average) |
| RSI | 63 |
| Latest Price | $131.1500(-2.02%) |
| 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 advances 1.9% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(76%) XBI(75%) ARKG(69%) IWF(69%) IVW(68%) |
| Factors Impacting IBB price | IBB will decline at least -1.66% in a week (0% probabilities).
VIXM(-42%) UUP(-22%) VXX(-18%) TBT(-6%) IYT(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 | -1.66% (StdDev 3.32%) |
| Hourly BBV | 0.5 () |
| Intraday Trend | 0% |
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