| IBB latest price $132.6650 (-0.64%) ($132.6650 - $132.6650) on Tue. Apr. 18, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.14% (three month average) |
| RSI | 73 |
| Latest Price | $132.6650(-0.64%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.3% a day on average for past five trading days. |
| Weekly Trend | IBB advances 1.8% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
XBI(86%) IWO(73%) IWM(71%) XLV(70%) IWD(68%) |
| Factors Impacting IBB price | IBB will decline at least -0.57% in a week (0% probabilities).
VXX(-42%) VIXM(-38%) TBT(-24%) UUP(-22%) BNDX(-3%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.57% (StdDev 1.14%) |
| Hourly BBV | -0.4 () |
| Intraday Trend | 0% |
| | |
| |
|