| XBI latest price $74.2300 (8.25%) ($70.9000 - $74.4150) on Tue. Mar. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.46% (three month average) |
RSI | 34 |
Latest Price | $74.2300(8.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.7% a day on average for past five trading days. |
Weekly Trend | XBI declines -11.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(78%) ARKG(74%) ARKK(72%) IWO(66%) SKYY(66%) |
Factors Impacting XBI price | XBI will decline at least -1.73% in a week (0% probabilities). VIXM(-46%) VXX(-21%) UUP(-20%) TBT(-1%) TLT(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 | -1.73% (StdDev 3.46%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.8% |
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