| XBI latest price $93.8900 (1.72%) ($91.9200 - $95.1000) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 67 |
Latest Price | $93.8900(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 3.4% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(64%) XHB(61%) XRT(60%) VYM(59%) XLY(59%) |
Factors Impacting XBI price | XBI will decline at least -1.7% in a week (0% probabilities). VIXM(-40%) 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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.6% |
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