| XBI latest price $80.3700 (-0.91%) ($79.8000 - $81.5200) on Fri. Aug. 30, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 1.65% (three month average) |
| RSI | 45 |
| Latest Price | $80.3700(-0.91%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | XBI advances 0.2% a day on average for past five trading days. |
| Weekly Trend | XBI declines -1.2% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability)
IBB(80%) ARKG(75%) ARKK(73%) IWO(68%) SKYY(68%) |
| Factors Impacting XBI price | XBI will decline at least -0.825% in a week (0% probabilities).
VIXM(-49%) VXX(-24%) UUP(-15%) TLT(-2%) 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 | -0.825% (StdDev 1.65%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1.4% |
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