| XBI latest price $112.0300 (2.92%) ($107.7000 - $112.1800) on Mon. Jun. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 60 |
Latest Price | $112.0300(2.92%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.7% 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 | Growth stock rally for large cap. Growth stock 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 -1.385% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-17%) TBT(-8%) XLC(-4%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.5% |
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