| XBI latest price $106.0500 (1.2%) ($103.9300 - $106.1700) on Fri. May. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 70 |
Latest Price | $106.0500(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.6% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.6% 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(75%) ARKG(72%) ARKK(70%) IWO(63%) SKYY(63%) |
Factors Impacting XBI price | XBI will decline at least -2.025% in a week (0% probabilities). VIXM(-45%) UUP(-26%) VXX(-18%) TBT(-7%) 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 | -2.025% (StdDev 4.05%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.5% |
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