| IBB latest price $140.7600 (-0.05%) ($139.5100 - $142.0800) on Thu. Nov. 5, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.74% (three month average) |
| RSI | 49 |
| Latest Price | $140.7600(-0.05%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.2% a day on average for past five trading days. |
| Weekly Trend | IBB declines -0.5% 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%) IWF(69%) IPO(68%) |
| Factors Impacting IBB price | IBB will decline at least -0.87% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) VXX(-16%) TBT(-10%) EDOC(-6%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.87% (StdDev 1.74%) |
| Hourly BBV | 0.6 () |
| Intraday Trend | 0% |
| | |
| |
|