| IBB latest price $139.2200 (-0.89%) ($138.6200 - $140.8700) on Fri. Jul. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 54 |
Latest Price | $139.2200(-0.89%) |
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 0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally 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 -0.88% in a week (0% probabilities). VIXM(-40%) UUP(-23%) VXX(-16%) TBT(-8%) IYT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.88% (StdDev 1.76%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
| |
|
|