| XBI latest price $116.2400 (1.1%) ($113.1600 - $116.3300) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 61 |
Latest Price | $116.2400(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 2.1% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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(64%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -1.015% in a week (0% probabilities). VIXM(-45%) 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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 1 () |
Intraday Trend | 0.6% |
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