| IBB latest price $133.2700 (0.29%) ($132.7200 - $134.4800) on Wed. Jun. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3% (three month average) |
RSI | 48 |
Latest Price | $133.2700(0.29%) |
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 declines -0.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(77%) XBI(75%) IWF(69%) ARKG(68%) IVW(68%) |
Factors Impacting IBB price | IBB will decline at least -1.5% 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 | -1.5% (StdDev 3%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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