| IBB latest price $142.4600 (-2.24%) ($142.0400 - $146.2900) on Tue. Jul. 21, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.59% (three month average) |
| RSI | 65 |
| Latest Price | $142.4600(-2.24%) |
| 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 1.8% a week on average for past two weeks. |
| Market Behavior | Value stock 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%) IWM(69%) ARKG(68%) |
| Factors Impacting IBB price | IBB will decline at least -0.795% 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 | -0.795% (StdDev 1.59%) |
| Hourly BBV | -1.4 () |
| Intraday Trend | -2.5% |
| | |
| |
|