| XBI latest price $140.1200 (1.93%) ($136.8600 - $140.3400) on Tue. Dec. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 81 |
Latest Price | $140.1200(1.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.1% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.1% a week on average for past two weeks. |
Market Behavior | Value stock 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(72%) ARKG(70%) ARKK(69%) SKYY(64%) VUG(63%) |
Factors Impacting XBI price | XBI will decline at least -0.98% in a week (0% probabilities). VIXM(-45%) UUP(-26%) VXX(-16%) TBT(-9%) UNG(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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.1% |
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