| XBI latest price $73.6600 (1.18%) ($72.7800 - $74.5300) on Fri. Nov. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 54 |
Latest Price | $73.6600(1.18%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.5% 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(93%) IWO(82%) ARKG(81%) IWM(80%) VYM(80%) |
Factors Impacting XBI price | XBI will decline at least -0.95% in a week (0% probabilities). VXX(-45%) VIXM(-42%) BNDX(-16%) UUP(-15%) TBT(-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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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