| IBB latest price $130.9800 (-0.63%) ($130.9800 - $132.1300) on Mon. Dec. 18, 2023. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.18% (three month average) |
| RSI | 85 |
| Latest Price | $130.9800(-0.63%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | IBB advances 1% a day on average for past five trading days. |
| Weekly Trend | IBB advances 4% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support IBB advance at 0% a week (0% probability)
XBI(97%) IWO(96%) XLF(92%) VFMO(91%) VYM(91%) |
| Factors Impacting IBB price | IBB will decline at least -0.59% in a week (0% probabilities).
USO(26%) EDOC(-36%) BNDX(-19%) UUP(-7%) URA(15%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.59% (StdDev 1.18%) |
| Hourly BBV | -1 () |
| Intraday Trend | 0% |
| | |
| |
|