| IBB latest price $126.6500 (1.52%) ($126.6500 - $126.6500) on Wed. Oct. 26, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.78% (three month average) |
| RSI | 55 |
| Latest Price | $126.6500(1.52%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.4% a day on average for past five trading days. |
| Weekly Trend | IBB advances 1.3% a week on average for past two weeks. |
| Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(76%) IWM(73%) IWD(72%) IWC(70%) IVE(69%) |
| Factors Impacting IBB price | IBB will decline at least -0.89% in a week (0% probabilities).
TBT(-15%) UUP(-14%) VIXM(-13%) VXX(-7%) 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 | -0.89% (StdDev 1.78%) |
| Hourly BBV | 0.9 () |
| Intraday Trend | 0% |
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