| XBI latest price $101.5550 (3.21%) ($99.1600 - $102.8100) on Fri. Mar. 1, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 68 |
Latest Price | $101.5550(3.21%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.4% a day on average for past five trading days. |
Weekly Trend | XBI advances 5% 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(79%) IWM(77%) IWN(66%) IVE(52%) DIA(51%) |
Factors Impacting XBI price | XBI will decline at least -1.05% in a week (0% probabilities). VXX(-48%) VIXM(-41%) UUP(-29%) XLE(8%) 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 | -1.05% (StdDev 2.1%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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