| IBB latest price $127.9500 (1.48%) ($127.9500 - $128.0000) on Wed. Mar. 29, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.17% (three month average) |
| RSI | 59 |
| Latest Price | $127.9500(1.48%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.8% a day on average for past five trading days. |
| Weekly Trend | IBB advances 0.6% 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)
XBI(86%) IWO(72%) IWM(70%) XLV(69%) IWD(68%) |
| Factors Impacting IBB price | IBB will decline at least -0.585% in a week (0% probabilities).
VXX(-42%) VIXM(-36%) TBT(-20%) UUP(-19%) BNDX(-3%) |
| 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 | -0.585% (StdDev 1.17%) |
| Hourly BBV | 1.8 () |
| Intraday Trend | 0% |
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