| XBI latest price $131.4600 (3.66%) ($127.4800 - $131.5400) on Fri. Nov. 27, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 84 |
Latest Price | $131.4600(3.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(73%) ARKG(70%) ARKK(69%) SKYY(64%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -1.035% in a week (0% probabilities). VIXM(-45%) UUP(-26%) VXX(-16%) TBT(-9%) EDOC(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.035% (StdDev 2.07%) |
Hourly BBV | -2.4 () |
Intraday Trend | 2.9% |
| |
|
|