| XBI latest price $78.5800 (2.25%) ($73.5100 - $78.9500) on Wed. May. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.87% (three month average) |
RSI | 28 |
Latest Price | $78.5800(2.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.7% a day on average for past five trading days. |
Weekly Trend | XBI declines -5.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(65%) VUG(64%) XLY(63%) XRT(63%) XHB(62%) |
Factors Impacting XBI price | XBI will decline at least -1.435% in a week (0% probabilities). VIXM(-46%) UUP(-29%) TBT(-15%) VXX(-11%) USO(4%) |
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 | -1.435% (StdDev 2.87%) |
Hourly BBV | 2.2 () |
Intraday Trend | 2.1% |
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