| XBI latest price $100.7300 (-0.81%) ($100.0150 - $103.3900) on Mon. Mar. 4, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.1% (three month average) |
RSI | 63 |
Latest Price | $100.7300(-0.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.7% a day on average for past five trading days. |
Weekly Trend | XBI advances 5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IWO(80%) IWM(77%) IWN(67%) TAN(53%) IVE(50%) |
Factors Impacting XBI price | XBI will decline at least -1.05% in a week (0% probabilities). VXX(-47%) VIXM(-42%) UUP(-29%) XLE(9%) TLT(11%) |
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 | 0.1 () |
Intraday Trend | 0% |
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