| IBB latest price $134.7400 (1.66%) ($134.7400 - $134.8800) on Mon. Aug. 15, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.86% (three month average) |
| RSI | 75 |
| Latest Price | $134.7400(1.66%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.4% a day on average for past five trading days. |
| Weekly Trend | IBB advances 3.4% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(78%) IWM(76%) IWD(75%) IWC(73%) DIA(72%) |
| Factors Impacting IBB price | IBB will decline at least -0.93% in a week (0% probabilities).
VIXM(-23%) UUP(-23%) TBT(-16%) VXX(-7%) 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 | -0.93% (StdDev 1.86%) |
| Hourly BBV | 1.9 () |
| Intraday Trend | 0% |
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