Trading Signals: XBI Stock Price Prediction and Forecast

^ XBI: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Mar. 27, 2024

Trading Signals: XBI Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Fri. Apr. 26, 2024)

(SPDR SP Biotech ETF)
XBI latest price $94.9100 (2.4%) ($92.4500 - $94.9200) on Wed. Mar. 27, 2024.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.9% (three month average)
RSI   36
Latest Price   $94.9100(2.4%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   XBI declines -0.1% a day on average for past five trading days.
Weekly Trend   XBI declines -1.9% 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(91%)    IWM(88%)    IWN(83%)    SPY(81%)    DIA(80%)
Factors Impacting XBI price   XBI will decline at least -0.95% in a week (0% probabilities).
VXX(-67%)    VIXM(-52%)    UUP(-29%)    GLD(16%)    XLE(22%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.95% (StdDev 1.9%)
Hourly BBV 1.8 ()
Intraday Trend 1.5%

1 - 5 Day Possible Target   $89(-6.23%)
Resistance Level   $96.26
5 Day Moving Average   $93.81(1.17%)
10 Day Moving Average   $94(0.97%)
20 Day Moving Average   $96.26(-1.4%)
To recent high   -7.8%
To recent low   9%
Market Cap   $N/A

$. XBI price fluctuates within 3% (three month std-dev: 1.9%) daily (68% of days).

Sample size 15 Average positive next day return: 0.83%(80%) Average negative next day return: -1.23%(20%) Sample size 15 Average positive next three day return: 1.98%(60%) Average negative next three day return: -2.69%(40%) Sample size 15 Average positive next weekly return: 1.85%(67%) Average negative next weekly return: -5.22%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240426

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_27_2024	87.33	96.26	94	93.81	93.76	93.69	94.91(2.4%)	DP	OpenShort	-75	0.4	-15	-10	0	-59	12.28	63%	0.29	-39.3	1.9%	1.8	-0.5	36	1.6
2	Mar_26_2024	87.08	96.57	94.18	93.86	94.29	93.34	92.69(0.02%)	DP	OpenShort	-75	-0.4	-33	-60	-19	-76	10.8	61%	0.26	-23.3	1.89%	-1.1	-1.2	24	1.4
3	Mar_25_2024	86.85	97.07	94.53	94.09	94.49	93.83	92.67(-0.95%)	DT	OpenShort	-75	-0.5	-51	-40	-38	-90	8.75	61%	0.25	-7.1	1.9%	-1.6	-1.5	28	1.8
4	Mar_22_2024	86.63	97.33	94.95	94.14	94.5	95.25	93.56(-1.72%)	DT	HoldShort	-50	-0.2	-20	70	2	-85	10.42	64%	0.31	-0.3	1.91%	-0.7	-1.3	27	1.8
5	Mar_21_2024	86.36	97.43	95.46	94.37	94.37	95.14	95.2(0.04%)	N/A	N/A	0	0.3	15	60	43	-71	9.8	66%	0.33	4.5	1.95%	1.1	-0.8	28	1.9

6	Mar_20_2024	86.08	97.41	95.79	94.22	93.99	93.75	95.16(1.4%)	DP	OpenShort	-75	0.3	-26	-30	-4	-92	13.22	61%	0.36	7.1	1.97%	2.4	-0.8	42	1.6
7	Mar_19_2024	85.77	97.31	96.26	94.61	94.26	93.61	93.85(0.97%)	DP	OpenShort	-75	-0.2	-49	-60	-32	-99	10.92	62%	0.34	16	2.05%	-0.5	-1.1	32	1.6
8	Mar_18_2024	85.48	97.29	96.82	95.08	95.1	94.24	92.95(-1.86%)	DT	OpenShort	-75	-0.7	-50	-60	-33	-101	11.47	62%	0.36	19.5	2.07%	-1.2	-1.4	27	1.3
9	Mar_15_2024	85.17	97.34	97.61	95.86	95.7	94.9	94.71(0.28%)	DP	OpenShort	-75	-0.4	-57	-60	-47	-87	12.5	62%	0.34	29.9	2.06%	-0.3	-0.8	47	1.2
10	Mar_14_2024	84.88	97.31	98.3	96.71	96.53	95.96	94.45(-2.73%)	DT	OpenShort	-75	-0.7	-41	-50	-37	-53	16.19	62%	0.35	42.9	2.06%	-2	-0.9	53	1.8

11	Mar_13_2024	84.58	97.19	98.74	97.57	97.62	96.49	97.1(0.94%)	DP	OpenShort	-75	-0.1	-31	-80	-32	-26	6.54	68%	0.38	52.4	2.04%	-0.3	-0	59	2
12	Mar_12_2024	84.26	96.81	99.17	98.18	98.35	97.1	96.2(-0.65%)	DT	OpenShort	-75	-0.5	-45	-80	-59	-4	10.48	68%	0.38	50	2.12%	-1.1	-0.2	61	2.3
13	Mar_11_2024	83.94	96.68	99.84	98.84	99.31	98.76	96.83(-2.14%)	N/A	N/A	0	-0.5	-14	-20	-34	45	9.12	68%	0.37	60	2.12%	-1.9	0	63	0.6
14	Mar_8_2024	83.63	96.42	99.95	99.62	99.78	99.6	98.95(0.16%)	UD	OpenLong	65	-0.2	7	-10	-17	78	11.12	70%	0.4	67.2	2.1%	-0.8	0.6	65	0.3
15	Mar_7_2024	83.3	95.95	99.6	100.14	100.19	99.87	98.79(-1.35%)	UD	OpenLong	65	-0.3	19	-20	-7	97	7.48	70%	0.39	68.5	2.11%	-0.9	0.7	64	1

16	Mar_6_2024	82.98	95.44	99.2	100.06	100.6	99.96	100.15(0.67%)	UD	OpenLong	65	0	17	-30	-13	105	0	70%	0.37	65.8	2.1%	-0.6	1	71	0.4
17	Mar_5_2024	82.67	94.92	98.48	100.33	100.46	100.5	99.48(-1.24%)	UD	OpenLong	65	-0.2	6	10	-31	116	0	70%	0.36	69.4	2.11%	-1.3	1	74	1
18	Mar_4_2024	82.37	94.37	97.82	101.01	100.46	101.24	100.73(-0.81%)	UD	OpenLong	75	-0.1	58	20	26	154	0	70%	0.4	71.2	2.1%	0.1	1.4	63	1.6
19	Mar_1_2024	82.04	93.72	97.07	100.33	100.99	100.43	101.56(3.21%)	UT	OpenLong	75	0.3	56	-20	24	151	0	71%	0.42	68.8	2.1%	0.5	1.7	68	1.4
20	Feb_29_2024	81.7	93.07	96.22	98.97	99.68	100.75	98.4(-3.02%)	UD	OpenLong	75	-0.1	39	100	7	136	0	71%	0.34	65.4	2.09%	-1.8	1.3	67	1.5

21	Feb_28_2024	81.42	92.52	95.51	98.12	98.45	101.56	101.46(-1.39%)	UD	OpenLong	75	0.8	137	230	121	183	0	74%	0.38	60.5	2.04%	0.6	2.1	75	1.4
22	Feb_27_2024	81.11	91.85	94.23	96.32	96.36	98.62	102.89(5.7%)	UT	OpenLong	75	1.8	141	170	136	157	23.09	74%	0.4	54.5	2.03%	1.9	3	72	1.6
23	Feb_26_2024	80.79	91.18	93.15	94.22	94.09	95.35	97.34(2.73%)	UT	OpenLong	75	1.2	68	90	55	107	12.17	72%	0.32	57.6	1.92%	1.6	2.3	69	1.3
24	Feb_23_2024	80.53	90.71	92.49	93.38	93.25	94.1	94.75(0.64%)	UT	OpenLong	75	0.6	57	60	43	99	8.85	70%	0.3	59.2	1.9%	0.7	1.8	67	1.8
25	Feb_22_2024	80.29	90.38	91.94	93.08	92.84	92.84	94.15(1.82%)	UT	OpenLong	75	0.5	38	-10	22	87	10.81	70%		63.8	1.92%	1.5	1.8	62	0.9
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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