| XBI latest price $89.0200 (-3.41%) ($88.4600 - $91.8500) on Mon. Mar. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 49 |
Latest Price | $89.0200(-3.41%) |
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 advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(66%) VUG(65%) IBB(64%) XRT(64%) ARKK(63%) |
Factors Impacting XBI price | XBI will decline at least -1.4% in a week (0% probabilities). VIXM(-47%) UUP(-29%) TBT(-17%) VXX(-12%) UNG(3%) |
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 | -1.4% (StdDev 2.8%) |
Hourly BBV | -0.7 () |
Intraday Trend | -2.9% |
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