| IBB latest price $137.3100 (-0.2%) ($136.6800 - $138.8300) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.57% (three month average) |
| RSI | 44 |
| Latest Price | $137.3100(-0.2%) |
| 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 declines -2.1% 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(74%) IWF(69%) IWM(69%) ARKG(68%) |
| Factors Impacting IBB price | IBB will decline at least -0.785% in a week (0% probabilities).
VIXM(-40%) UUP(-24%) 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 | -0.785% (StdDev 1.57%) |
| Hourly BBV | -0.1 () |
| Intraday Trend | 0% |
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