| XBI latest price $112.9200 (0.03%) ($112.7800 - $114.5300) on Mon. Jul. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.33% (three month average) |
RSI | 74 |
Latest Price | $112.9200(0.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.5% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -1.165% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-17%) TBT(-8%) XLC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.165% (StdDev 2.33%) |
Hourly BBV | -0.1 () |
Intraday Trend | -1.4% |
| |
|
|