| XBI latest price $99.5700 (1.46%) ($98.0400 - $100.2770) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 58 |
Latest Price | $99.5700(1.46%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.8% a day on average for past five trading days. |
Weekly Trend | XBI advances 1.9% 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(76%) ARKG(72%) ARKK(70%) IWO(63%) SKYY(63%) |
Factors Impacting XBI price | XBI will decline at least -1.975% in a week (0% probabilities). VIXM(-45%) UUP(-25%) VXX(-18%) TBT(-6%) 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 | -1.975% (StdDev 3.95%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.4% |
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