| XBI latest price $95.2700 (-3.09%) ($95.0100 - $99.7870) on Tue. Apr. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.91% (three month average) |
RSI | 78 |
Latest Price | $95.2700(-3.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.7% a day on average for past five trading days. |
Weekly Trend | XBI advances 7.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(76%) ARKG(72%) ARKK(70%) SKYY(63%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -1.955% in a week (0% probabilities). VIXM(-45%) UUP(-25%) VXX(-18%) TBT(-6%) XLC(-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 | -1.955% (StdDev 3.91%) |
Hourly BBV | -0.6 () |
Intraday Trend | -4.5% |
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