| XBI latest price $83.6200 (4.55%) ($80.3100 - $83.7800) on Wed. Nov. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 67 |
Latest Price | $83.6200(4.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.7% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.9% 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) VFMO(58%) VT(57%) TAN(55%) XAR(55%) VYM(54%) |
Factors Impacting XBI price | XBI will decline at least -1.245% in a week (0% probabilities). VIXM(-36%) UUP(-23%) TBT(-16%) VXX(-9%) JETS(0%) |
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 | -1.245% (StdDev 2.49%) |
Hourly BBV | 2.7 () |
Intraday Trend | 3.2% |
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