| IBB latest price $116.5000 (2.94%) ($116.5000 - $116.5000) on Tue. May. 17, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.06% (three month average) |
| RSI | 46 |
| Latest Price | $116.5000(2.94%) |
| 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 declines -2.8% 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(80%) IWM(77%) IWC(76%) IWD(73%) SPY(73%) |
| Factors Impacting IBB price | IBB will decline at least -1.03% in a week (0% probabilities).
VIXM(-34%) UUP(-21%) TBT(-12%) VXX(-9%) 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 | -1.03% (StdDev 2.06%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 0% |
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