| XBI latest price $102.8900 (5.7%) ($98.8800 - $103.2200) on Tue. Feb. 27, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 72 |
Latest Price | $102.8900(5.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 2.2% 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) IWO(79%) IWM(76%) IWN(66%) DIA(52%) IVE(52%) |
Factors Impacting XBI price | XBI will decline at least -1.015% in a week (0% probabilities). VXX(-48%) VIXM(-42%) UUP(-29%) XLE(9%) GDX(10%) |
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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 1.9 () |
Intraday Trend | 3% |
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