| XBI latest price $83.4600 (3.02%) ($80.8500 - $84.3000) on Thu. Jul. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 81 |
Latest Price | $83.4600(3.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 2.2% a day on average for past five trading days. |
Weekly Trend | XBI advances 7.8% 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(63%) XHB(60%) XRT(60%) VUG(59%) XLY(59%) |
Factors Impacting XBI price | XBI will decline at least -1.81% in a week (0% probabilities). VIXM(-40%) UUP(-30%) TBT(-16%) VXX(-9%) EDOC(-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 | -1.81% (StdDev 3.62%) |
Hourly BBV | 1 () |
Intraday Trend | 2.6% |
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