| XBI latest price $98.7900 (-1.35%) ($98.7500 - $100.5550) on Thu. Mar. 7, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 64 |
Latest Price | $98.7900(-1.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.1% 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 | 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(68%) IVE(57%) TAN(55%) |
Factors Impacting XBI price | XBI will decline at least -1.055% in a week (0% probabilities). VXX(-47%) VIXM(-40%) UUP(-27%) XLE(9%) TLT(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 | -1.055% (StdDev 2.11%) |
Hourly BBV | -0.9 () |
Intraday Trend | -1.5% |
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