| IBB latest price $132.3800 (-1.1%) ($131.1100 - $133.8500) on Thu. May. 21, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.34% (three month average) |
| RSI | 72 |
| Latest Price | $132.3800(-1.1%) |
| 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 advances 2.8% 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(75%) IWF(69%) ARKG(68%) IVW(68%) |
| Factors Impacting IBB price | IBB will decline at least -1.67% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) VXX(-17%) TBT(-7%) 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 | -1.67% (StdDev 3.34%) |
| Hourly BBV | -0.2 () |
| Intraday Trend | 0% |
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