| XBI latest price $104.8100 (1.85%) ($102.2700 - $104.9900) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.85% (three month average) |
RSI | 47 |
Latest Price | $104.8100(1.85%) |
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 declines -0.5% 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%) IWO(63%) SKYY(63%) |
Factors Impacting XBI price | XBI will decline at least -1.925% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-17%) TBT(-7%) 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 | -1.925% (StdDev 3.85%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.1% |
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