| IBB latest price $129.6800 (0.57%) ($129.6800 - $129.6800) on Mon. Jun. 5, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.11% (three month average) |
| RSI | 41 |
| Latest Price | $129.6800(0.57%) |
| 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 -0.9% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Broad based 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(-36%) TBT(-33%) UUP(-20%) BNDX(-1%) |
| 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 | 1.2 () |
| Intraday Trend | 0% |
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