| IBB latest price $120.2000 (0.71%) ($120.2000 - $120.2000) on Tue. Nov. 7, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 0.93% (three month average) |
| RSI | 49 |
| Latest Price | $120.2000(0.71%) |
| 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 advances 0.5% 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(93%) SPY(86%) IWO(82%) ARKG(81%) IWD(80%) |
| Factors Impacting IBB price | IBB will decline at least -0.465% in a week (0% probabilities).
VXX(-35%) TBT(-29%) VIXM(-18%) UUP(-18%) BNDX(0%) |
| 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 () |
| Intraday Trend | 0% |
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