| XBI latest price $103.9400 (-1.53%) ($103.9300 - $106.1100) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 60 |
Latest Price | $103.9400(-1.53%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.1% a day on average for past five trading days. |
Weekly Trend | XBI advances 0.8% a week on average for past two weeks. |
Market Behavior | Value stock 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(75%) ARKG(72%) ARKK(69%) SKYY(63%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -1.95% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-17%) TBT(-8%) XLC(-3%) |
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 | -1.95% (StdDev 3.9%) |
Hourly BBV | -0 () |
Intraday Trend | -1.7% |
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