| IBB latest price $131.8900 (0.84%) ($126.6300 - $132.0300) on Wed. May. 27, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.29% (three month average) |
| RSI | 60 |
| Latest Price | $131.8900(0.84%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 1.1% 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)
IWO(76%) XBI(75%) IWF(69%) ARKG(68%) IVW(68%) |
| Factors Impacting IBB price | IBB will decline at least -1.645% 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 | -1.645% (StdDev 3.29%) |
| Hourly BBV | -0.2 () |
| Intraday Trend | 0% |
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