| XBI latest price $72.6600 (3.61%) ($70.4600 - $72.8750) on Fri. Nov. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 68 |
Latest Price | $72.6600(3.61%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.7% a day on average for past five trading days. |
Weekly Trend | XBI advances 2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(94%) ARKG(87%) IWO(82%) VYM(82%) IWM(81%) |
Factors Impacting XBI price | XBI will decline at least -0.935% in a week (0% probabilities). VXX(-44%) VIXM(-35%) TBT(-23%) UUP(-21%) BNDX(-3%) |
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 | -0.935% (StdDev 1.87%) |
Hourly BBV | 1 () |
Intraday Trend | 2.7% |
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