| IBB latest price $122.6700 (0.7%) ($122.6700 - $122.6700) on Fri. Oct. 6, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.76% (three month average) |
| RSI | 37 |
| Latest Price | $122.6700(0.7%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.1% a day on average for past five trading days. |
| Weekly Trend | IBB declines -1.4% a week on average for past two weeks. |
| Market Behavior | Broad based 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(92%) ARKG(83%) IWO(83%) IWD(82%) IWM(82%) |
| Factors Impacting IBB price | IBB will decline at least -0.38% in a week (0% probabilities).
VXX(-44%) VIXM(-40%) TBT(-38%) UUP(-21%) 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 | 1.5 () |
| Intraday Trend | 0% |
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