| XBI latest price $111.4600 (-1.23%) ($110.5000 - $112.8720) on Fri. Aug. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.88% (three month average) |
RSI | 43 |
Latest Price | $111.4600(-1.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.2% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(74%) ARKG(71%) ARKK(69%) SKYY(63%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -0.94% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-16%) 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 | -0.94% (StdDev 1.88%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.7% |
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