| XBI latest price $138.6300 (1.17%) ($136.9100 - $139.3600) on Mon. Apr. 5, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.59% (three month average) |
RSI | 41 |
Latest Price | $138.6300(1.17%) |
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 declines -3.8% a week on average for past two weeks. |
Market Behavior | Broad based rally 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%) VUG(64%) SKYY(63%) |
Factors Impacting XBI price | XBI will decline at least -1.295% in a week (0% probabilities). VIXM(-47%) UUP(-27%) VXX(-15%) TBT(-9%) IGOV(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.295% (StdDev 2.59%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.2% |
| |
|
|