| XBI latest price $83.1200 (7.67%) ($80.0800 - $83.5200) on Thu. Nov. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.59% (three month average) |
RSI | 60 |
Latest Price | $83.1200(7.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.6% 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(60%) VFMO(59%) XRT(58%) VYM(57%) XHB(57%) |
Factors Impacting XBI price | XBI will decline at least -1.295% in a week (0% probabilities). VIXM(-36%) UUP(-27%) TBT(-19%) VXX(-9%) JETS(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 | -1.295% (StdDev 2.59%) |
Hourly BBV | 2 () |
Intraday Trend | 2.9% |
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