| IBB latest price $130.9650 (1.09%) ($130.9650 - $130.9650) on Thu. Apr. 6, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.17% (three month average) |
| RSI | 70 |
| Latest Price | $130.9650(1.09%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.6% a day on average for past five trading days. |
| Weekly Trend | IBB advances 1.9% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal 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(-38%) TBT(-24%) UUP(-20%) BNDX(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.585% (StdDev 1.17%) |
| Hourly BBV | 1.6 () |
| Intraday Trend | 0% |
| | |
| |
|