| XBI latest price $83.4300 (1.88%) ($81.9800 - $84.1900) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 72 |
Latest Price | $83.4300(1.88%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.9% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.6% a week on average for past two weeks. |
Market Behavior | Value stock 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(77%) ARKG(73%) ARKK(70%) SKYY(64%) VFMO(64%) |
Factors Impacting XBI price | XBI will decline at least -1.875% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-19%) TBT(-5%) XLC(3%) |
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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.5% |
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