| XBI latest price $68.5700 (-0.8%) ($66.0750 - $70.3500) on Mon. Mar. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 32 |
Latest Price | $68.5700(-0.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.8% a day on average for past five trading days. |
Weekly Trend | XBI declines -12.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(78%) ARKG(74%) ARKK(72%) IWO(66%) SKYY(66%) |
Factors Impacting XBI price | XBI will decline at least -1.64% in a week (0% probabilities). VIXM(-46%) VXX(-21%) UUP(-20%) TBT(-1%) TLT(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 | -1.64% (StdDev 3.28%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.1% |
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