| IBB latest price $137.6800 (-2.19%) ($136.7200 - $139.9600) on Fri. Nov. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 50 |
Latest Price | $137.6800(-2.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 1.1% a day on average for past five trading days. |
Weekly Trend | IBB advances 0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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 -0.88% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.88% (StdDev 1.76%) |
Hourly BBV | -1.7 () |
Intraday Trend | 0% |
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