| XBI latest price $88.7100 (5.53%) ($85.5000 - $88.8700) on Thu. Aug. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.53% (three month average) |
RSI | 60 |
Latest Price | $88.7100(5.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.5% a day on average for past five trading days. |
Weekly Trend | XBI advances 0.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(63%) XHB(60%) XRT(59%) VFMO(58%) VUG(58%) |
Factors Impacting XBI price | XBI will decline at least -1.765% in a week (0% probabilities). VIXM(-39%) UUP(-32%) TBT(-18%) VXX(-9%) EDOC(6%) |
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 | -1.765% (StdDev 3.53%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3% |
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