| XBI latest price $85.9100 (0.27%) ($85.3200 - $87.6000) on Thu. Aug. 1, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 51 |
Latest Price | $85.9100(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.4% a day on average for past five trading days. |
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(80%) ARKG(75%) ARKK(73%) IWO(70%) SKYY(68%) |
Factors Impacting XBI price | XBI will decline at least -0.825% in a week (0% probabilities). VIXM(-50%) VXX(-24%) UUP(-14%) TLT(-4%) IFRA(0%) |
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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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