| IBB latest price $119.9450 (2.61%) ($119.9450 - $119.9450) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.93% (three month average) |
| RSI | 40 |
| Latest Price | $119.9450(2.61%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.3% a day on average for past five trading days. |
| Weekly Trend | IBB declines -1.5% 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(93%) IWO(84%) ARKG(83%) IWD(83%) IWM(82%) |
| Factors Impacting IBB price | IBB will decline at least -0.465% in a week (0% probabilities).
VXX(-48%) VIXM(-36%) TBT(-35%) UUP(-19%) USO(1%) |
| 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 | -0.465% (StdDev 0.93%) |
| Hourly BBV | 1.3 () |
| Intraday Trend | 0% |
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