| XBI latest price $87.3300 (3.2%) ($84.7000 - $89.5900) on Wed. May. 1, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 37 |
Latest Price | $87.3300(3.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.8% a day on average for past five trading days. |
Weekly Trend | XBI declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) TLT(69%) IWM(62%) TAN(62%) IWO(61%) IWN(56%) |
Factors Impacting XBI price | XBI will decline at least -0.95% in a week (0% probabilities). UUP(-37%) VXX(-35%) VIXM(-10%) GDX(-8%) XLE(-6%) |
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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 3.2 () |
Intraday Trend | 3% |
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