| XBI latest price $56.4351 (1.63%) ($55.8091 - $56.7332) on Wed. May. 25, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 71 |
Latest Price | $56.4351(1.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.3% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.7% 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(78%) ARKK(72%) IWO(70%) VUG(67%) |
Factors Impacting XBI price | XBI will decline at least -1.285% in a week (0% probabilities). VIXM(-20%) UUP(-10%) TLT(-7%) SHY(-2%) 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 | -1.285% (StdDev 2.57%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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