| IBB latest price $119.2700 (2.89%) ($119.2700 - $119.2900) on Fri. May. 27, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.05% (three month average) |
| RSI | 70 |
| Latest Price | $119.2700(2.89%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.6% 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(79%) IWM(76%) IWC(75%) IWD(74%) SPY(73%) |
| Factors Impacting IBB price | IBB will decline at least -1.025% in a week (0% probabilities).
VIXM(-32%) UUP(-22%) TBT(-15%) VXX(-9%) UNG(1%) |
| 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 | -1.025% (StdDev 2.05%) |
| Hourly BBV | 1.7 () |
| Intraday Trend | 0% |
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