| XBI latest price $124.0100 (-0.31%) ($123.8800 - $126.2500) on Tue. Oct. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 58 |
Latest Price | $124.0100(-0.31%) |
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 advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal 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%) VT(66%) VUG(66%) |
Factors Impacting XBI price | XBI will decline at least -0.785% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.785% (StdDev 1.57%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.9% |
| |
|
|