| XBI latest price $53.7668 (3.96%) ($52.5434 - $53.9657) on Wed. Jun. 29, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 40 |
Latest Price | $53.7668(3.96%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.3% a day on average for past five trading days. |
Weekly Trend | XBI declines -2.6% 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 XBI advance at 0% a week (0% probability) IBB(84%) ARKG(78%) ARKK(72%) IWO(70%) VUG(67%) |
Factors Impacting XBI price | XBI will decline at least -1.19% in a week (0% probabilities). VIXM(-19%) UUP(-11%) TLT(-7%) IPO(-3%) SHY(-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 | -1.19% (StdDev 2.38%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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