| IBB latest price $135.5100 (0.57%) ($134.5000 - $136.7300) on Wed. Sep. 30, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.55% (three month average) |
| RSI | 71 |
| Latest Price | $135.5100(0.57%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.5% a day on average for past five trading days. |
| Weekly Trend | IBB advances 0.5% a week on average for past two weeks. |
| Market Behavior | Broad based 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(73%) IWM(70%) IVW(69%) IWF(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.775% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) VXX(-16%) TBT(-9%) EDOC(-4%) |
| 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 | -0.775% (StdDev 1.55%) |
| Hourly BBV | 0.3 () |
| Intraday Trend | 0% |
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