| XBI latest price $151.6400 (-0.41%) ($150.6000 - $155.7000) on Thu. Jan. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.75% (three month average) |
RSI | 56 |
Latest Price | $151.6400(-0.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.1% a day on average for past five trading days. |
Weekly Trend | XBI advances 1.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -0.875% in a week (0% probabilities). VIXM(-46%) UUP(-26%) VXX(-16%) TBT(-10%) 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 | -0.875% (StdDev 1.75%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.1% |
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