| XBI latest price $113.8100 (-0.51%) ($112.9300 - $115.4800) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 41 |
Latest Price | $113.8100(-0.51%) |
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 -1.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(74%) ARKG(71%) ARKK(69%) SKYY(63%) IWO(62%) |
Factors Impacting XBI price | XBI will decline at least -1.015% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-16%) TBT(-9%) XLC(-6%) |
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 | -1.015% (StdDev 2.03%) |
Hourly BBV | -0.1 () |
Intraday Trend | -0.8% |
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