| XBI latest price $89.2200 (1.31%) ($88.0100 - $89.7500) on Thu. Feb. 8, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.99% (three month average) |
RSI | 57 |
Latest Price | $89.2200(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.1% a day on average for past five trading days. |
Weekly Trend | XBI advances 0.2% 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) IWO(76%) IWM(74%) IWN(68%) IVE(50%) TAN(50%) |
Factors Impacting XBI price | XBI will decline at least -0.995% in a week (0% probabilities). VXX(-47%) UUP(-44%) VIXM(-37%) XLE(8%) 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 | -0.995% (StdDev 1.99%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1% |
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