| IBB latest price $155.9850 (-0.8%) ($155.9850 - $155.9850) on Thu. Dec. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.49% (three month average) |
| RSI | 74 |
| Latest Price | $155.9850(-0.8%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2.5% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal 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%) IVW(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.745% 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 | -0.745% (StdDev 1.49%) |
| Hourly BBV | -2.4 () |
| Intraday Trend | 0% |
| | |
| |
|