| XBI latest price $68.7885 (1.65%) ($67.4139 - $68.8880) on Wed. Feb. 15, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 80 |
Latest Price | $68.7885(1.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1% a day on average for past five trading days. |
Weekly Trend | XBI advances 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 XBI advance at 0% a week (0% probability) IBB(83%) ARKG(78%) ARKK(74%) IWO(70%) VUG(69%) |
Factors Impacting XBI price | XBI will decline at least -0.9% in a week (0% probabilities). VIXM(-17%) UUP(-11%) TLT(-5%) IPO(-3%) SHY(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.9% (StdDev 1.8%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
| |
|
|