| XBI latest price $81.9200 (1.66%) ($80.6000 - $84.2400) on Wed. Oct. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 46 |
Latest Price | $81.9200(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.2% a day on average for past five trading days. |
Market Behavior | Rotation from growth to value for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(62%) VFMO(59%) XRT(59%) VYM(58%) XHB(58%) |
Factors Impacting XBI price | XBI will decline at least -1.31% in a week (0% probabilities). VIXM(-37%) UUP(-29%) TBT(-20%) 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 | -1.31% (StdDev 2.62%) |
Hourly BBV | 0.6 () |
Intraday Trend | 1.3% |
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