| IBB latest price $131.2800 (0.14%) ($131.2800 - $131.2800) on Tue. May. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.11% (three month average) |
RSI | 51 |
Latest Price | $131.2800(0.14%) |
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 -0.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability) XBI(88%) IWO(72%) IWM(70%) IWD(68%) XLV(67%) |
Factors Impacting IBB price | IBB will decline at least -0.555% in a week (0% probabilities). VXX(-39%) VIXM(-35%) TBT(-31%) UUP(-22%) BNDX(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 | -0.555% (StdDev 1.11%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0% |
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