| XBI latest price $80.0800 (1.55%) ($77.7800 - $80.2400) on Tue. Dec. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 82 |
Latest Price | $80.0800(1.55%) |
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 4.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(96%) ARKG(83%) IFRA(81%) VYM(81%) IWO(80%) |
Factors Impacting XBI price | XBI will decline at least -0.98% in a week (0% probabilities). VXX(-48%) VIXM(-44%) BNDX(-18%) UUP(-16%) TBT(-6%) |
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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 1.1 () |
Intraday Trend | 1.5% |
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