| IBB latest price $138.8750 (0.64%) ($138.3300 - $140.5700) on Tue. Jun. 23, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.22% (three month average) |
| RSI | 62 |
| Latest Price | $138.8750(0.64%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 1.7% 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(77%) XBI(75%) IWF(69%) ARKG(68%) IVW(68%) |
| Factors Impacting IBB price | IBB will decline at least -1.11% in a week (0% probabilities).
VIXM(-40%) UUP(-23%) VXX(-16%) TBT(-7%) IYT(-0%) |
| 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 | -1.11% (StdDev 2.22%) |
| Hourly BBV | 0.8 () |
| Intraday Trend | 0% |
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