| XBI latest price $89.1900 (-1.15%) ($87.9100 - $89.5450) on Thu. Jun. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 61 |
Latest Price | $89.1900(-1.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.2% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(88%) IWO(77%) IWM(74%) IWN(69%) IWC(67%) |
Factors Impacting XBI price | XBI will decline at least -0.895% in a week (0% probabilities). VXX(-36%) TBT(-33%) VIXM(-31%) UUP(-22%) BNDX(-9%) |
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 | -0.895% (StdDev 1.79%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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