| IBB latest price $155.3050 (0.28%) ($155.3050 - $155.3050) on Fri. Dec. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.54% (three month average) |
| RSI | 79 |
| Latest Price | $155.3050(0.28%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.7% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2.8% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(79%) IWM(72%) XBI(72%) IWC(70%) IWF(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.77% in a week (0% probabilities).
VIXM(-41%) UUP(-23%) VXX(-15%) TBT(-9%) IGOV(0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.77% (StdDev 1.54%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0% |
| | |
| |
|