| TBIO latest price $28.7000 (-1.7%) ($28.7000 - $28.7000) on Tue. Jul. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.57% (three month average) |
RSI | 76 |
Latest Price | $28.7000(-1.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TBIO advances 4.5% a day on average for past five trading days. |
Weekly Trend | TBIO advances 20.9% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TBIO advance at 0% a week (0% probability) EMHY(53%) PCY(47%) TIP(43%) VCIT(43%) BND(40%) |
Factors Impacting TBIO price | TBIO will decline at least -2.285% in a week (0% probabilities). VXX(-26%) UUP(-19%) TBT(-16%) GLD(-16%) VIXM(-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 | -2.285% (StdDev 4.57%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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