| IBB latest price $132.5400 (2.7%) ($132.5400 - $132.5400) on Tue. Mar. 29, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.83% (three month average) |
| RSI | 63 |
| Latest Price | $132.5400(2.7%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 3% 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(81%) IWM(78%) IWC(75%) SPY(74%) IVW(73%) |
| Factors Impacting IBB price | IBB will decline at least -0.915% in a week (0% probabilities).
VIXM(-39%) UUP(-23%) TBT(-14%) VXX(-10%) EDOC(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 | -0.915% (StdDev 1.83%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 0% |
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