| XBI latest price $118.7400 (2.1%) ($116.1800 - $119.5900) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 72 |
Latest Price | $118.7400(2.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.7% a day on average for past five trading days. |
Weekly Trend | XBI advances 1.8% a week on average for past two weeks. |
Market Behavior | Normal 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(71%) ARKK(69%) SKYY(63%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -1.075% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.075% (StdDev 2.15%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.1% |
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