| XBI latest price $85.0900 (1.13%) ($83.1300 - $85.4800) on Wed. Sep. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 41 |
Latest Price | $85.0900(1.13%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.1% a day on average for past five trading days. |
Weekly Trend | XBI advances 0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(65%) XRT(63%) VFMO(62%) VYM(61%) XHB(61%) |
Factors Impacting XBI price | XBI will decline at least -1.415% in a week (0% probabilities). VIXM(-39%) UUP(-34%) TBT(-21%) VXX(-10%) EDOC(5%) |
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 | -1.415% (StdDev 2.83%) |
Hourly BBV | -0.7 () |
Intraday Trend | 1.1% |
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