| XBI latest price $87.2800 (1.59%) ($86.3600 - $87.9700) on Wed. May. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 66 |
Latest Price | $87.2800(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(87%) IWO(76%) IWM(73%) IWC(68%) IWN(67%) |
Factors Impacting XBI price | XBI will decline at least -0.98% in a week (0% probabilities). VXX(-35%) VIXM(-31%) TBT(-24%) UUP(-22%) BNDX(-11%) |
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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 1.7 () |
Intraday Trend | -0.3% |
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