| XBI latest price $80.7000 (3.7%) ($78.6800 - $81.1000) on Mon. Oct. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 59 |
Latest Price | $80.7000(3.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.8% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.3% 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(62%) XRT(60%) VFMO(59%) XLRE(59%) VYM(58%) |
Factors Impacting XBI price | XBI will decline at least -1.32% in a week (0% probabilities). VIXM(-37%) UUP(-30%) TBT(-20%) VXX(-9%) EDOC(4%) |
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 | -1.32% (StdDev 2.64%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.6% |
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