| IBB latest price $172.4900 (2.12%) ($172.4900 - $172.4900) on Mon. Feb. 8, 2021. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.13% (three month average) |
| RSI | 63 |
| Latest Price | $172.4900(2.12%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.2% a day on average for past five trading days. |
| Weekly Trend | IBB advances 0.7% a week on average for past two weeks. |
| Market Behavior | Broad based 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(71%) IVW(70%) |
| Factors Impacting IBB price | IBB will decline at least -0.565% 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. |
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| Relative Volatility | (options are extremely cheap) |
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| Market Trend Strength | -0.565% (StdDev 1.13%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0% |
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