| IBB latest price $128.9600 (-0.49%) ($127.1200 - $129.8640) on Thu. May. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.33% (three month average) |
| RSI | 55 |
| Latest Price | $128.9600(-0.49%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.3% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Normal 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 -1.665% in a week (0% probabilities).
VIXM(-42%) UUP(-23%) VXX(-18%) TBT(-6%) IYT(2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.665% (StdDev 3.33%) |
| Hourly BBV | -0.9 () |
| Intraday Trend | 0% |
| | |
| |
|