| IBB latest price $147.7250 (1.14%) ($147.7250 - $147.7250) on Fri. Dec. 4, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.67% (three month average) |
| RSI | 67 |
| Latest Price | $147.7250(1.14%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.6% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2.3% 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(72%) IWM(71%) IWC(70%) IWF(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.835% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) VXX(-15%) TBT(-9%) IGOV(-2%) |
| 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 | 1.3 () |
| Intraday Trend | 0% |
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