| XBI latest price $72.0000 (-2.03%) ($71.9800 - $73.4300) on Tue. Nov. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 61 |
Latest Price | $72.0000(-2.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.3% a day on average for past five trading days. |
Weekly Trend | XBI advances 1.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(93%) ARKG(85%) VYM(84%) IFRA(82%) IWO(82%) |
Factors Impacting XBI price | XBI will decline at least -0.945% in a week (0% probabilities). VXX(-44%) VIXM(-37%) UUP(-20%) TBT(-16%) BNDX(-8%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.2% |
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