| XBI latest price $89.0900 (-0.82%) ($88.3500 - $91.3600) on Tue. Mar. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 45 |
Latest Price | $89.0900(-0.82%) |
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 -2.9% 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) VT(66%) VUG(66%) IBB(65%) ARKK(64%) XLY(64%) |
Factors Impacting XBI price | XBI will decline at least -1.385% in a week (0% probabilities). VIXM(-47%) UUP(-29%) TBT(-15%) VXX(-12%) USO(1%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.7% |
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