| XBI latest price $89.4400 (-2.62%) ($89.1700 - $92.0900) on Thu. Feb. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 38 |
Latest Price | $89.4400(-2.62%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.9% 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 | 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(67%) VT(67%) VUG(67%) ARKK(66%) XLY(65%) |
Factors Impacting XBI price | XBI will decline at least -1.215% in a week (0% probabilities). VIXM(-49%) UUP(-30%) TBT(-14%) VXX(-13%) USO(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 | -1.215% (StdDev 2.43%) |
Hourly BBV | -1.5 () |
Intraday Trend | -1% |
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