| XBI latest price $78.7900 (-2%) ($78.7900 - $83.1550) on Tue. Apr. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.71% (three month average) |
RSI | 70 |
Latest Price | $78.7900(-2%) |
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. |
Weekly Trend | XBI advances 4.5% 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(77%) ARKG(73%) ARKK(70%) IWO(64%) SKYY(64%) |
Factors Impacting XBI price | XBI will decline at least -1.855% in a week (0% probabilities). VIXM(-46%) UUP(-25%) VXX(-19%) TBT(-5%) XLC(3%) |
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 | -1.855% (StdDev 3.71%) |
Hourly BBV | 0.3 () |
Intraday Trend | -4.3% |
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