| XBI latest price $147.5300 (1.12%) ($142.4500 - $148.5100) on Wed. Mar. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 50 |
Latest Price | $147.5300(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.8% a day on average for past five trading days. |
Weekly Trend | XBI advances 0.5% a week on average for past two weeks. |
Market Behavior | Value 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(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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.115% (StdDev 2.23%) |
Hourly BBV | 0.6 () |
Intraday Trend | 2.6% |
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