| IBB latest price $125.8200 (2.54%) ($125.8200 - $125.8200) on Thu. Jul. 7, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 2.26% (three month average) |
| RSI | 79 |
| Latest Price | $125.8200(2.54%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.3% a day on average for past five trading days. |
| Weekly Trend | IBB advances 5.1% 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(78%) IWM(75%) IWC(74%) IWD(74%) SPY(72%) |
| Factors Impacting IBB price | IBB will decline at least -1.13% in a week (0% probabilities).
VIXM(-25%) UUP(-21%) TBT(-14%) VXX(-7%) EDOC(-2%) |
| 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 | -1.13% (StdDev 2.26%) |
| Hourly BBV | 1.4 () |
| Intraday Trend | 0% |
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