| XBI latest price $150.7800 (-2.17%) ($150.0300 - $155.2300) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 62 |
Latest Price | $150.7800(-2.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.3% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(72%) ARKG(70%) ARKK(69%) SKYY(64%) VUG(64%) |
Factors Impacting XBI price | XBI will decline at least -0.88% in a week (0% probabilities). VIXM(-46%) UUP(-27%) 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 | -0.88% (StdDev 1.76%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.7% |
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