| XBI latest price $84.4900 (-2.47%) ($83.7800 - $85.8000) on Wed. Apr. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 64 |
Latest Price | $84.4900(-2.47%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.4% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.8% 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(76%) ARKG(73%) ARKK(70%) SKYY(64%) VUG(64%) |
Factors Impacting XBI price | XBI will decline at least -1.895% in a week (0% probabilities). VIXM(-45%) UUP(-25%) VXX(-18%) TBT(-5%) XLC(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 | -1.895% (StdDev 3.79%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0% |
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