| XBI latest price $146.9500 (3.87%) ($143.8100 - $147.2200) on Thu. Mar. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 38 |
Latest Price | $146.9500(3.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.7% a day on average for past five trading days. |
Weekly Trend | XBI declines -3.9% a week on average for past two weeks. |
Market Behavior | Growth 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(71%) ARKG(70%) ARKK(68%) SKYY(64%) VT(64%) |
Factors Impacting XBI price | XBI will decline at least -1.125% in a week (0% probabilities). VIXM(-47%) UUP(-28%) VXX(-15%) TBT(-9%) IGOV(-8%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.7% |
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