| IBB latest price $128.1900 (0.35%) ($128.1900 - $128.1900) on Thu. Aug. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 0.83% (three month average) |
| RSI | 33 |
| Latest Price | $128.1900(0.35%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.2% a day on average for past five trading days. |
| Weekly Trend | IBB declines -0.7% 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(90%) ARKG(82%) IWO(80%) IWM(79%) IWN(76%) |
| Factors Impacting IBB price | IBB will decline at least -0.415% in a week (0% probabilities).
VXX(-43%) VIXM(-39%) TBT(-36%) UUP(-23%) EDOC(-13%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.415% (StdDev 0.83%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | 0% |
| | |
| |
|