| IBB latest price $142.5600 (1.57%) ($140.8300 - $143.1300) on Wed. Jul. 15, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.72% (three month average) |
| RSI | 64 |
| Latest Price | $142.5600(1.57%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.3% a day on average for past five trading days. |
| Weekly Trend | IBB advances 1.3% a week on average for past two weeks. |
| Market Behavior | Broad based 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(77%) XBI(75%) IWF(69%) ARKG(68%) IVW(68%) |
| Factors Impacting IBB price | IBB will decline at least -0.86% 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. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.86% (StdDev 1.72%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0% |
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