| IBB latest price $129.9300 (0.92%) ($129.9300 - $129.9300) on Fri. Sep. 1, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.76% (three month average) |
| RSI | 56 |
| Latest Price | $129.9300(0.92%) |
| 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 advances 1% a week on average for past two weeks. |
| Market Behavior | Value 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(91%) ARKG(83%) IWO(82%) IWM(81%) IWN(79%) |
| Factors Impacting IBB price | IBB will decline at least -0.38% in a week (0% probabilities).
VXX(-45%) VIXM(-40%) TBT(-37%) UUP(-23%) USO(-6%) |
| 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 | -0.38% (StdDev 0.76%) |
| Hourly BBV | 0.7 () |
| Intraday Trend | 0% |
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