| XBI latest price $80.7500 (-2.14%) ($80.7100 - $82.0400) on Mon. May. 20, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 40 |
Latest Price | $80.7500(-2.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.1% a day on average for past five trading days. |
Weekly Trend | XBI declines -1.9% 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(81%) ARKG(76%) ARKK(73%) IWO(70%) SKYY(68%) |
Factors Impacting XBI price | XBI will decline at least -0.95% in a week (0% probabilities). VXX(-24%) UUP(-14%) VIXM(-8%) TLT(-4%) IGOV(1%) |
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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
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