| XBI latest price $82.6700 (-0.4%) ($80.3000 - $83.2400) on Wed. Oct. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 41 |
Latest Price | $82.6700(-0.4%) |
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 declines -0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(64%) XRT(62%) VFMO(61%) XHB(61%) VYM(59%) |
Factors Impacting XBI price | XBI will decline at least -1.31% in a week (0% probabilities). VIXM(-38%) UUP(-32%) TBT(-22%) VXX(-9%) UNG(8%) |
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 | -1.31% (StdDev 2.62%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.9% |
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