| IBB latest price $140.9400 (2.12%) ($138.7200 - $141.4900) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.67% (three month average) |
RSI | 58 |
Latest Price | $140.9400(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.8% a day on average for past five trading days. |
Weekly Trend | IBB advances 1.5% 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(78%) XBI(73%) IWM(70%) IVW(69%) IWF(69%) |
Factors Impacting IBB price | IBB will decline at least -0.835% in a week (0% probabilities). VIXM(-41%) UUP(-23%) VXX(-16%) TBT(-9%) EDOC(-5%) |
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 | -0.835% (StdDev 1.67%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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