| IBB latest price $156.7400 (0.33%) ($156.7400 - $156.7400) on Tue. Dec. 22, 2020. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.5% (three month average) |
| RSI | 81 |
| Latest Price | $156.7400(0.33%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2.6% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(78%) IWM(72%) XBI(72%) IWC(70%) IWF(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.75% 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. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.75% (StdDev 1.5%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0% |
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