| IBB latest price $136.2050 (-0.41%) ($134.9600 - $137.0400) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 31 |
Latest Price | $136.2050(-0.41%) |
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 declines -1.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(-23%) VXX(-16%) TBT(-9%) 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 | -1.2 () |
Intraday Trend | 0% |
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