| XBI latest price $50.5712 (4.04%) ($48.7548 - $50.7796) on Wed. Feb. 17, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 2.77% (three month average) |
| RSI | 46 |
| Latest Price | $50.5712(4.04%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XBI advances 2.2% a day on average for past five trading days. |
| Weekly Trend | XBI declines -2.5% 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)
IBB(85%) ARKG(77%) ARKK(71%) IWO(70%) VUG(67%) |
| Factors Impacting XBI price | XBI will decline at least -1.385% in a week (0% probabilities).
VIXM(-21%) UUP(-9%) TLT(-9%) SHY(-4%) IGOV(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.385% (StdDev 2.77%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.3% |
| | |
| |
|