| XBI latest price $124.0700 (0.51%) ($122.8900 - $125.5100) on Mon. Oct. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 37 |
Latest Price | $124.0700(0.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.1% a day on average for past five trading days. |
Weekly Trend | XBI declines -2.7% 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(69%) ARKG(67%) ARKK(67%) VUG(66%) VT(65%) |
Factors Impacting XBI price | XBI will decline at least -0.82% in a week (0% probabilities). VIXM(-49%) UUP(-28%) VXX(-14%) TBT(-10%) IGOV(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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.7% |
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