| XBI latest price $63.1953 (1.32%) ($61.8129 - $63.3545) on Thu. Sep. 8, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 54 |
Latest Price | $63.1953(1.32%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.1% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(84%) ARKG(78%) ARKK(72%) IWO(70%) VUG(67%) |
Factors Impacting XBI price | XBI will decline at least -0.99% in a week (0% probabilities). VIXM(-18%) UUP(-10%) TLT(-6%) IPO(-4%) SHY(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
| |
|
|