| IBB latest price $137.8500 (0.18%) ($136.0200 - $138.8300) on Tue. Nov. 10, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 57 |
Latest Price | $137.8500(0.18%) |
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 | Rotation from growth to value 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%) IVW(68%) |
Factors Impacting IBB price | IBB will decline at least -0.875% in a week (0% probabilities). VIXM(-41%) UUP(-23%) VXX(-15%) TBT(-10%) EDOC(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.875% (StdDev 1.75%) |
Hourly BBV | -0.6 () |
Intraday Trend | 0% |
| |
|
|