| IBB latest price $122.4200 (2.35%) ($122.4200 - $122.7600) on Mon. Oct. 17, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.74% (three month average) |
| RSI | 65 |
| Latest Price | $122.4200(2.35%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.7% a day on average for past five trading days. |
| Weekly Trend | IBB advances 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(76%) IWM(74%) IWD(72%) IWC(71%) DIA(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.87% in a week (0% probabilities).
UUP(-15%) TBT(-15%) VIXM(-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 | -0.87% (StdDev 1.74%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0% |
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