| XBI latest price $112.0300 (-3.62%) ($110.9400 - $114.5700) on Mon. Sep. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 50 |
Latest Price | $112.0300(-3.62%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.1% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(64%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -1.025% in a week (0% probabilities). VIXM(-44%) UUP(-26%) VXX(-16%) TBT(-9%) EDOC(-4%) |
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 | -1.025% (StdDev 2.05%) |
Hourly BBV | -1.4 () |
Intraday Trend | -2% |
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