| IBB latest price $119.3550 (-0.49%) ($119.3550 - $119.3550) on Mon. Nov. 6, 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 | $119.3550(-0.49%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1.1% a day on average for past five trading days. |
| Weekly Trend | IBB declines -0.5% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
XBI(93%) SPY(92%) SMH(88%) IWO(83%) IVE(82%) |
| Factors Impacting IBB price | IBB will decline at least -0.465% in a week (0% probabilities).
VXX(-35%) TBT(-29%) VIXM(-18%) UUP(-18%) EDOC(-2%) |
| 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 | 0.4 () |
| Intraday Trend | 0% |
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