| IBB latest price $128.1500 (-0.3%) ($128.1500 - $128.1500) on Mon. Aug. 14, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.82% (three month average) |
| RSI | 45 |
| Latest Price | $128.1500(-0.3%) |
| 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 -0.3% a week on average for past two weeks. |
| Market Behavior | Growth stock rally 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(83%) IWO(80%) IWM(79%) IWN(76%) |
| Factors Impacting IBB price | IBB will decline at least -0.41% in a week (0% probabilities).
VXX(-43%) VIXM(-39%) TBT(-36%) UUP(-22%) EDOC(-17%) |
| 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 | -0.41% (StdDev 0.82%) |
| Hourly BBV | -0.1 () |
| Intraday Trend | 0% |
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