| XBI latest price $137.2800 (-2.03%) ($135.2800 - $142.0000) on Wed. Dec. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 84 |
Latest Price | $137.2800(-2.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.7% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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 -0.99% in a week (0% probabilities). VIXM(-45%) UUP(-26%) VXX(-16%) TBT(-9%) IGOV(-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 | -0.99% (StdDev 1.98%) |
Hourly BBV | -0.9 () |
Intraday Trend | -2.8% |
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