| XBI latest price $87.6200 (3.48%) ($86.0000 - $88.2260) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 69 |
Latest Price | $87.6200(3.48%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.5% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(98%) IPO(95%) LIT(95%) REMX(94%) SIL(94%) |
Factors Impacting XBI price | XBI will decline at least -1.085% in a week (0% probabilities). VXX(-50%) VIXM(-48%) BNDX(-20%) TBT(-16%) UUP(-14%) |
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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.6% |
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