| XBI latest price $57.5041 (0.78%) ($56.3300 - $58.2703) on Tue. Nov. 8, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.93% (three month average) |
| RSI | 45 |
| Latest Price | $57.5041(0.78%) |
| 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 -2.9% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
| Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability)
IBB(84%) ARKG(78%) ARKK(73%) IWO(70%) VUG(67%) |
| Factors Impacting XBI price | XBI will decline at least -0.965% in a week (0% probabilities).
VIXM(-18%) UUP(-9%) TLT(-7%) IPO(-4%) SHY(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.965% (StdDev 1.93%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.7% |
| | |
| |
|