| XBI latest price $71.4600 (4.69%) ($69.3500 - $72.0800) on Fri. Nov. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 51 |
Latest Price | $71.4600(4.69%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 2.2% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.4% 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) IBB(93%) ARKG(87%) IWO(83%) IWM(81%) IWD(77%) |
Factors Impacting XBI price | XBI will decline at least -0.795% in a week (0% probabilities). VXX(-46%) VIXM(-39%) TBT(-36%) UUP(-21%) USO(-4%) |
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 | -0.795% (StdDev 1.59%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.9% |
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