| XBI latest price $145.8900 (-1.57%) ($143.2300 - $149.2350) on Tue. Mar. 16, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 42 |
Latest Price | $145.8900(-1.57%) |
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 declines -0.8% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(71%) ARKG(69%) ARKK(68%) VUG(64%) SKYY(63%) |
Factors Impacting XBI price | XBI will decline at least -1.115% in a week (0% probabilities). VIXM(-46%) UUP(-28%) VXX(-15%) TBT(-9%) IGOV(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.115% (StdDev 2.23%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.1% |
| |
|
|