| IBB latest price $124.7650 (0.76%) ($124.7650 - $124.7650) on Thu. Dec. 7, 2023. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.06% (three month average) |
| RSI | 79 |
| Latest Price | $124.7650(0.76%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 0.6% a day on average for past five trading days. |
| Weekly Trend | IBB advances 2.3% 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(96%) VYM(87%) SDY(86%) IFRA(85%) IWD(85%) |
| Factors Impacting IBB price | IBB will decline at least -0.53% in a week (0% probabilities).
VIXM(-41%) VXX(-38%) BNDX(-16%) TBT(-11%) UUP(-9%) |
| 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 | -0.53% (StdDev 1.06%) |
| Hourly BBV | 1.1 () |
| Intraday Trend | 0% |
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