| XBI latest price $111.6400 (6.89%) ($108.0100 - $111.8300) on Mon. Sep. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 54 |
Latest Price | $111.6400(6.89%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.2% a day on average for past five trading days. |
Weekly Trend | XBI declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(74%) ARKG(71%) ARKK(69%) SKYY(64%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -1.02% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-16%) TBT(-9%) EDOC(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.02% (StdDev 2.04%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.1% |
| |
|
|