| XBI latest price $49.5584 (-5.01%) ($49.4292 - $52.7483) on Wed. Mar. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 46 |
Latest Price | $49.5584(-5.01%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.7% 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. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(85%) ARKG(78%) ARKK(71%) IWO(70%) VUG(67%) |
Factors Impacting XBI price | XBI will decline at least -1.55% in a week (0% probabilities). VIXM(-20%) UUP(-10%) TLT(-7%) SHY(-3%) IPO(-2%) |
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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 0 () |
Intraday Trend | -5% |
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