| XBI latest price $70.2600 (-4.03%) ($70.2300 - $73.0600) on Thu. Jun. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.42% (three month average) |
RSI | 53 |
Latest Price | $70.2600(-4.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.4% a day on average for past five trading days. |
Weekly Trend | XBI advances 1.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(62%) XRT(61%) VUG(60%) XHB(60%) XLV(59%) |
Factors Impacting XBI price | XBI will decline at least -1.71% in a week (0% probabilities). VIXM(-42%) UUP(-29%) TBT(-19%) VXX(-10%) UNG(2%) |
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 | -1.71% (StdDev 3.42%) |
Hourly BBV | -1.4 () |
Intraday Trend | -3.5% |
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