| XBI latest price $101.4600 (-1.39%) ($101.1850 - $103.5200) on Wed. Feb. 28, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 75 |
Latest Price | $101.4600(-1.39%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.9% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off 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 -1.02% 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 | -1.02% (StdDev 2.04%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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