| IBB latest price $167.5300 (1.54%) ($167.5300 - $167.5300) on Mon. Jan. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 91 |
Latest Price | $167.5300(1.54%) |
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 3.6% 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%) IWF(70%) |
Factors Impacting IBB price | IBB will decline at least -0.685% in a week (0% probabilities). VIXM(-42%) 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 | -0.685% (StdDev 1.37%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|