| IBB latest price $136.4400 (-1.75%) ($135.0900 - $140.0200) on Wed. Jun. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 62 |
Latest Price | $136.4400(-1.75%) |
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 1.9% a week on average for past two weeks. |
Market Behavior | Broad based 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 -1.07% 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 | -1.07% (StdDev 2.14%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0% |
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