| XBI latest price $87.7917 (1.07%) ($86.2738 - $87.8916) on Tue. May. 1, 2018. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.95% (three month average) |
| RSI | 46 |
| Latest Price | $87.7917(1.07%) |
| 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 -1.3% a week on average for past two weeks. |
| Market Behavior | Growth stock 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(82%) ARKG(77%) ARKK(74%) IWO(70%) VFMO(70%) |
| Factors Impacting XBI price | XBI will decline at least -0.975% in a week (0% probabilities).
VIXM(-14%) UUP(-12%) TLT(-5%) VXX(-2%) SHY(0%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.975% (StdDev 1.95%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.9% |
| | |
| |
|