| IBB latest price $124.7400 (-1.51%) ($124.7400 - $124.7400) on Thu. Oct. 27, 2022. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.78% (three month average) |
| RSI | 62 |
| Latest Price | $124.7400(-1.51%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
IWO(75%) IWM(73%) IWD(71%) IWC(70%) DIA(68%) |
| Factors Impacting IBB price | IBB will decline at least -0.89% in a week (0% probabilities).
TBT(-15%) VIXM(-13%) UUP(-13%) VXX(-7%) UNG(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 | -0.89% (StdDev 1.78%) |
| Hourly BBV | -0.6 () |
| Intraday Trend | 0% |
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