| XBI latest price $92.1600 (2.9%) ($89.0600 - $92.7800) on Fri. Mar. 18, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.75% (three month average) |
RSI | 52 |
Latest Price | $92.1600(2.9%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.8% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(67%) VUG(66%) IBB(65%) XLY(64%) XRT(64%) |
Factors Impacting XBI price | XBI will decline at least -1.375% in a week (0% probabilities). VIXM(-48%) UUP(-30%) TBT(-16%) VXX(-12%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.375% (StdDev 2.75%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.2% |
| |
|
|