| IBB latest price $131.5850 (1.08%) ($131.5850 - $131.5850) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.51% (three month average) |
| RSI | 38 |
| Latest Price | $131.5850(1.08%) |
| 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 declines -1.3% a week on average for past two weeks. |
| Market Behavior | Value stock 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(72%) IWM(70%) IWD(68%) IWC(66%) IWN(66%) |
| Factors Impacting IBB price | IBB will decline at least -0.755% in a week (0% probabilities).
TBT(-8%) EDOC(-8%) VIXM(-7%) VXX(-6%) ARKK(-6%) |
| 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 | -0.755% (StdDev 1.51%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0% |
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