| IBB latest price $164.6850 (1.86%) ($164.6850 - $164.6850) on Tue. Jan. 19, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.38% (three month average) |
RSI | 75 |
Latest Price | $164.6850(1.86%) |
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 3% a week on average for past two weeks. |
Market Behavior | Growth stock 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(79%) IWM(72%) XBI(72%) IWC(70%) IVW(69%) |
Factors Impacting IBB price | IBB will decline at least -0.69% in a week (0% probabilities). VIXM(-41%) UUP(-24%) VXX(-15%) TBT(-10%) IGOV(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.69% (StdDev 1.38%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
| |
|
|