| IBB latest price $128.3300 (-2.51%) ($128.2700 - $128.3300) on Wed. Mar. 23, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.79% (three month average) |
| RSI | 56 |
| Latest Price | $128.3300(-2.51%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | IBB advances 3.2% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(82%) IWM(78%) IWC(76%) SPY(74%) IVW(73%) |
| Factors Impacting IBB price | IBB will decline at least -0.895% in a week (0% probabilities).
VIXM(-40%) UUP(-23%) TBT(-14%) VXX(-10%) UNG(4%) |
| 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 | -0.895% (StdDev 1.79%) |
| Hourly BBV | -1.7 () |
| Intraday Trend | 0% |
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