| XBI latest price $89.4600 (2.1%) ($88.1400 - $89.8800) on Tue. Dec. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 72 |
Latest Price | $89.4600(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.2% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IWO(82%) IWM(80%) IWN(74%) IVE(63%) DIA(56%) |
Factors Impacting XBI price | XBI will decline at least -1.09% in a week (0% probabilities). VXX(-51%) VIXM(-48%) UUP(-11%) XLE(12%) GLD(20%) |
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 | -1.09% (StdDev 2.18%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.7% |
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