| XBI latest price $102.0700 (-2.16%) ($102.0600 - $107.0600) on Tue. May. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 64 |
Latest Price | $102.0700(-2.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.9% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.7% 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(75%) ARKG(72%) ARKK(70%) IWO(63%) SKYY(63%) |
Factors Impacting XBI price | XBI will decline at least -2.015% 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 | -2.015% (StdDev 4.03%) |
Hourly BBV | 0.4 () |
Intraday Trend | -3.4% |
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