| IBB latest price $136.1400 (1.07%) ($135.4000 - $137.0000) on Tue. Sep. 15, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.6% (three month average) |
| RSI | 54 |
| Latest Price | $136.1400(1.07%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.4% a day on average for past five trading days. |
| Weekly Trend | IBB declines -0.8% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(78%) XBI(74%) IWM(70%) IWC(69%) IWF(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.8% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) VXX(-16%) TBT(-9%) IGOV(-3%) |
| 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 | -0.8% (StdDev 1.6%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | 0% |
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