| XBI latest price $68.4600 (-0.2%) ($67.3500 - $70.5100) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.34% (three month average) |
RSI | 40 |
Latest Price | $68.4600(-0.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.3% a day on average for past five trading days. |
Weekly Trend | XBI declines -6.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(64%) VUG(63%) XLY(61%) XRT(61%) XHB(60%) |
Factors Impacting XBI price | XBI will decline at least -1.67% in a week (0% probabilities). VIXM(-44%) UUP(-28%) TBT(-14%) VXX(-10%) 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 | -1.67% (StdDev 3.34%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.3% |
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