| XBI latest price $112.6900 (0.94%) ($112.1500 - $113.7600) on Tue. Sep. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 53 |
Latest Price | $112.6900(0.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.7% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(64%) IWO(63%) |
Factors Impacting XBI price | XBI will decline at least -1.01% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.01% (StdDev 2.02%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.1% |
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