| XBI latest price $69.4000 (2.25%) ($67.4400 - $70.0800) on Thu. May. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 46 |
Latest Price | $69.4000(2.25%) |
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 -4.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(63%) VUG(62%) XHB(61%) XRT(61%) XLY(60%) |
Factors Impacting XBI price | XBI will decline at least -1.7% in a week (0% probabilities). VIXM(-43%) UUP(-29%) TBT(-15%) VXX(-10%) UNG(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 | -1.7% (StdDev 3.4%) |
Hourly BBV | -0 () |
Intraday Trend | 2.5% |
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