| XBI latest price $94.8300 (-1.03%) ($94.7900 - $96.8000) on Fri. Jan. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.17% (three month average) |
RSI | 43 |
Latest Price | $94.8300(-1.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.3% 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 | 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%) VUG(69%) IWO(68%) |
Factors Impacting XBI price | XBI will decline at least -0.585% in a week (0% probabilities). VIXM(-50%) VXX(-23%) UUP(-15%) TLT(-2%) TBT(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 | -0.585% (StdDev 1.17%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.3% |
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