| IBB latest price $117.9150 (2.37%) ($117.9150 - $117.9500) on Tue. Jun. 7, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 53 |
Latest Price | $117.9150(2.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | IBB advances 0.2% a day on average for past five trading days. |
Weekly Trend | IBB advances 0.4% 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%) DIA(72%) |
Factors Impacting IBB price | IBB will decline at least -1.035% in a week (0% probabilities). VIXM(-31%) UUP(-21%) TBT(-17%) VXX(-8%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.035% (StdDev 2.07%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
| |
|
|