| IBB latest price $132.7400 (1.19%) ($132.7400 - $132.7400) on Thu. Dec. 14, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.19% (three month average) |
| RSI | 84 |
| Latest Price | $132.7400(1.19%) |
| 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 advances 3.5% a week on average for past two weeks. |
| Market Behavior | Value stock 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(97%) IVE(90%) DIA(88%) IFRA(88%) SDY(88%) |
| Factors Impacting IBB price | IBB will decline at least -0.595% in a week (0% probabilities).
VXX(-49%) VIXM(-49%) EDOC(-18%) BNDX(-18%) UUP(-11%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.595% (StdDev 1.19%) |
| Hourly BBV | 1.2 () |
| Intraday Trend | 0% |
| | |
| |
|