| XBI latest price $143.3200 (2.04%) ($139.4500 - $145.2500) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 45 |
Latest Price | $143.3200(2.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.2% a day on average for past five trading days. |
Weekly Trend | XBI declines -1.9% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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%) VT(63%) |
Factors Impacting XBI price | XBI will decline at least -0.86% in a week (0% probabilities). VIXM(-46%) UUP(-26%) VXX(-16%) TBT(-9%) IGOV(2%) |
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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 0.8 () |
Intraday Trend | 2.5% |
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