| XBI latest price $135.6500 (4.26%) ($131.1800 - $136.5100) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 39 |
Latest Price | $135.6500(4.26%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.6% a day on average for past five trading days. |
Weekly Trend | XBI declines -5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(70%) ARKG(69%) ARKK(67%) SKYY(63%) VT(63%) |
Factors Impacting XBI price | XBI will decline at least -1.29% in a week (0% probabilities). VIXM(-47%) UUP(-27%) VXX(-15%) IGOV(-9%) TBT(-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 | -1.29% (StdDev 2.58%) |
Hourly BBV | 1.8 () |
Intraday Trend | 3.1% |
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