| IBB latest price $129.5900 (1.03%) ($129.5900 - $129.5900) on Mon. Jul. 17, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.87% (three month average) |
| RSI | 58 |
| Latest Price | $129.5900(1.03%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.5% a day on average for past five trading days. |
| Weekly Trend | IBB advances 0.8% a week on average for past two weeks. |
| Market Behavior | Growth stock 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(90%) ARKG(81%) IWO(78%) IWM(76%) IWN(73%) |
| Factors Impacting IBB price | IBB will decline at least -0.435% in a week (0% probabilities).
VXX(-42%) VIXM(-39%) TBT(-37%) UUP(-24%) USO(-5%) |
| 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 | -0.435% (StdDev 0.87%) |
| Hourly BBV | 1 () |
| Intraday Trend | 0% |
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