| XBI latest price $95.7400 (0.87%) ($94.0600 - $95.8850) on Thu. Mar. 28, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 38 |
Latest Price | $95.7400(0.87%) |
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 declines -1.4% 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) IVE(96%) IWN(92%) DIA(90%) IWM(90%) IWO(87%) |
Factors Impacting XBI price | XBI will decline at least -0.95% in a week (0% probabilities). VXX(-69%) VIXM(-60%) UUP(-33%) SMH(-2%) 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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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