| XBI latest price $112.8700 (-0.17%) ($112.3820 - $114.1900) on Wed. Aug. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 53 |
Latest Price | $112.8700(-0.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.6% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(74%) ARKG(71%) ARKK(69%) SKYY(63%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -0.955% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-17%) TBT(-9%) XLC(-6%) |
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 | -0.955% (StdDev 1.91%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.4% |
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