| XBI latest price $75.5200 (2.26%) ($75.2000 - $77.1900) on Thu. Nov. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 80 |
Latest Price | $75.5200(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.8% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(95%) ARKG(81%) IFRA(81%) IWO(81%) VYM(81%) |
Factors Impacting XBI price | XBI will decline at least -0.965% in a week (0% probabilities). VXX(-46%) VIXM(-42%) BNDX(-18%) EDOC(-16%) UUP(-15%) |
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 | -0.965% (StdDev 1.93%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.1% |
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