| IBB latest price $126.1200 (0.56%) ($124.1800 - $126.1200) on Wed. Mar. 2, 2022. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.76% (three month average) |
| RSI | 31 |
| Latest Price | $126.1200(0.56%) |
| 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 declines -1.9% 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(82%) IWM(79%) IWC(76%) IVW(74%) SPY(74%) |
| Factors Impacting IBB price | IBB will decline at least -0.88% in a week (0% probabilities).
VIXM(-41%) UUP(-24%) TBT(-13%) VXX(-11%) EDOC(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.88% (StdDev 1.76%) |
| Hourly BBV | 0.5 () |
| Intraday Trend | 0% |
| | |
| |
|