Trading Signals: XBI Stock Price Prediction and Forecast

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Tue. Jun. 6, 2023

Trading Signals: XBI Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Fri. Apr. 26, 2024)

(SPDR SP Biotech ETF)
XBI latest price $88.1200 (1.63%) ($86.2800 - $88.2850) on Tue. Jun. 6, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.92% (three month average)
RSI   59
Latest Price   $88.1200(1.63%)
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.
Weekly Trend   XBI advances 0.3% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support XBI advance at 0% a week (0% probability)
IBB(88%)    IWO(77%)    IWM(74%)    IWN(68%)    IWC(67%)
Factors Impacting XBI price   XBI will decline at least -0.96% in a week (0% probabilities).
VXX(-36%)    VIXM(-32%)    TBT(-32%)    UUP(-21%)    BNDX(-10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.96% (StdDev 1.92%)
Hourly BBV 1.5 ()
Intraday Trend 1.3%

5 Day Moving Average   $86.05(2.41%)
10 Day Moving Average   $85.49(3.08%)
20 Day Moving Average   $85.74(2.78%)
To recent high   0%
To recent low   20.5%
Market Cap   $N/A

$. XBI price fluctuates within 1.61% (three month std-dev: 1.92%) daily (68% of days).

Sample size 50 Average positive next day return: 0.9%(38%) Average negative next day return: -0.9%(62%) Sample size 50 Average positive next three day return: 1.31%(38%) Average negative next three day return: -2.14%(62%) Sample size 50 Average positive next weekly return: 1.54%(50%) Average negative next weekly return: -2.82%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230706

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_6_2023	82.68	85.74	85.49	86.05	86.05	86.91	88.12(1.63%)	UT	OpenLong	75	1.5	42	70	46	28	5.97	52%	0.06	44.7	1.92%	1.5	1.7	59	2.4
2	Jun_5_2023	82.63	85.58	85.37	85.06	85.17	86.14	86.71(0.32%)	UT	OpenLong	75	1.3	31	80	40	5	5.7	52%	-0.01	37.2	1.93%	0	0.9	46	2.3
3	Jun_2_2023	82.64	85.51	85.22	84.58	84.56	85.18	86.43(1.59%)	N/A	N/A	0	1.5	30	50	41	-5	5.28	52%	-0.01	46.6	1.93%	1.4	0.7	53	2.2
4	Jun_1_2023	82.65	85.39	85.04	84	84.07	84.19	85.08(1.38%)	DP	OpenShort	-65	0.9	-5	10	5	-35	7.1	52%	0	51.7	1.93%	1.4	-0.2	48	2
5	May_31_2023	82.65	85.31	85.1	84.14	84.04	84.19	83.92(0.94%)	DP	OpenShort	-75	-0.2	-24	-10	-17	-46	6.27	52%	0.01	64.8	1.96%	1.3	-1	41	1.2

6	May_30_2023	82.64	85.13	85.23	84.86	84.59	83.94	83.14(-1.39%)	DT	OpenShort	-75	-1	-34	-60	-31	-41	6.06	52%	0.01	59.6	1.96%	-0.9	-1.1	44	1.3
7	May_26_2023	82.63	85.11	85.67	85.72	85.61	84.13	84.31(0.91%)	DP	OpenShort	-75	-0.7	-38	-120	-43	-22	4.57	52%	0.02	65.7	1.92%	0	-0.4	50	0.8
8	May_25_2023	82.61	84.93	85.8	85.93	86.33	85.25	83.55(-2.61%)	DT	OpenShort	-75	-1	-47	-70	-55	-22	9.14	52%	0	55.3	1.93%	-1.4	-0.6	47	0.2
9	May_24_2023	82.61	84.73	86.07	86.17	86.61	87.09	85.79(-1.94%)	N/A	N/A	0	-0.1	0	50	-3	10	7.23	52%	0.06	50.8	1.91%	0	0.4	57	-0.2
10	May_23_2023	82.56	84.43	86.21	86.16	86.25	87.42	87.49(0.02%)	UT	OpenLong	75	0.5	50	100	51	45	9.98	54%	0.06	43.9	1.92%	0	1.1	64	0.9

11	May_22_2023	82.51	84.06	86.04	85.67	85.52	86.12	87.47(2.46%)	UT	OpenLong	75	0.6	37	40	33	49	6.47	54%	0.05	38	1.92%	0	1.2	72	1.2
12	May_19_2023	82.47	83.74	85.79	85.68	85.14	85.09	85.37(0.76%)	UD	OpenLong	65	-0.1	11	-20	-1	46	7.62	48%	0.04	39.1	1.98%	0	0.6	60	1.6
13	May_18_2023	82.44	83.58	85.8	85.7	85.48	84.91	84.73(-1.18%)	UD	OpenLong	65	-0.4	4	-50	-14	58	11.36	48%	0.07	46	1.99%	0	0.4	63	2.1
14	May_17_2023	82.38	83.39	85.76	85.95	85.75	85.19	85.74(0.83%)	N/A	N/A	0	-0.1	-4	-50	-31	76	7.57	50%	0.1	51.2	2%	0	0.9	69	1.6
15	May_16_2023	82.3	83.21	85.53	86.26	86.1	86.06	85.03(-2.88%)	UD	OpenLong	65	-0.5	14	-10	-16	102	13.49	50%	0.04	67.2	2.02%	-0.8	0.7	66	1.1

16	May_15_2023	82.27	83.02	85.06	86.44	86.6	86.3	87.55(2.48%)	UT	OpenLong	75	0.4	43	-20	16	122	8.52	53%	0.09	78.5	2%	1.3	1.7	70	1.7
17	May_12_2023	82.2	82.71	84.51	85.93	86.19	86.14	85.43(-0.67%)	UD	OpenLong	65	-0.2	14	10	-17	108	5.83	51%	0.04	85.3	1.94%	-0.9	1.1	61	1.2
18	May_11_2023	82.17	82.36	84.02	85.92	86.02	86.9	86.01(-1.46%)	UD	OpenLong	75	0	50	80	27	120	7.08	51%	0.04	89.1	1.95%	0	1.4	59	1.2
19	May_10_2023	82.14	82.02	83.32	85.51	85.7	86.25	87.28(1.59%)	UT	OpenLong	75	0.7	69	50	53	118	9.59	51%	0.09	87.7	1.96%	1.7	1.9	66	1.1
20	May_9_2023	82.07	81.46	82.51	84.7	84.73	85.15	85.91(1.07%)	UT	OpenLong	75	0.5	40	40	26	82	7.11	51%	0.09	84.9	1.95%	0	1.7	57	0.7

21	May_8_2023	82	81	81.9	83.46	84.03	85.16	85(-0.45%)	UD	OpenLong	75	0.6	50	110	46	61	6.06	48%	0.05	72.2	1.95%	0	1.6	58	1.2
22	May_5_2023	81.96	80.56	81.49	82.87	82.94	84.32	85.38(1.67%)	UT	OpenLong	75	1	62	120	64	54	8.65	48%	0.06	69.6	1.97%	0	2	58	1.1
23	May_4_2023	81.91	80.13	81.13	81.84	81.95	82.91	83.98(0.93%)	UT	OpenLong	75	0.9	58	90	62	45	8.75	48%	0.01	66.7	1.98%	0	1.7	64	-0.1
24	May_3_2023	81.9	79.7	80.76	80.8	80.96	81.57	83.21(4.36%)	UT	OpenLong	75	1	32	60	37	18	14.78	48%	0.01	51.9	1.99%	1.9	1.5	59	1
25	May_2_2023	81.89	79.32	80.63	80.03	80.1	80.99	79.73(-2.85%)	UD	OpenLong	75	-0.1	20	80	21	17	10.49	46%		45.2	1.91%	-0.4	0.2	61	1.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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