| XBI latest price $110.4200 (-3.28%) ($109.9100 - $114.1500) on Fri. Jun. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 60 |
Latest Price | $110.4200(-3.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.3% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.8% 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(71%) ARKK(69%) SKYY(63%) IWO(62%) |
Factors Impacting XBI price | XBI will decline at least -1.325% 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 | -1.325% (StdDev 2.65%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.9% |
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