| XBI latest price $80.4600 (-4.93%) ($80.1800 - $85.3300) on Tue. Dec. 4, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.38% (three month average) |
RSI | 57 |
Latest Price | $80.4600(-4.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.6% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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(69%) |
Factors Impacting XBI price | XBI will decline at least -1.19% in a week (0% probabilities). VXX(-18%) UUP(-12%) VIXM(-11%) TLT(-4%) XHB(-0%) |
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 | -4.5% |
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