| IBB latest price $172.6100 (0.59%) ($172.6100 - $172.6100) on Wed. Aug. 25, 2021. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.25% (three month average) |
| RSI | 46 |
| Latest Price | $172.6100(0.59%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.5% a day on average for past five trading days. |
| Weekly Trend | IBB declines -0.8% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(80%) IWM(75%) IWC(73%) IVW(72%) IWF(72%) |
| Factors Impacting IBB price | IBB will decline at least -0.625% in a week (0% probabilities).
VIXM(-44%) UUP(-23%) VXX(-14%) TBT(-9%) USO(1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.625% (StdDev 1.25%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0% |
| | |
| |
|