| XBI latest price $94.7500 (0.64%) ($94.0000 - $95.4950) on Fri. Feb. 23, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 67 |
Latest Price | $94.7500(0.64%) |
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 2.6% 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) IWO(79%) IWM(77%) IWN(68%) IVE(55%) DIA(54%) |
Factors Impacting XBI price | XBI will decline at least -0.95% in a week (0% probabilities). VXX(-50%) VIXM(-43%) UUP(-33%) GLD(12%) GDX(13%) |
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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.3% |
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