| XBI latest price $133.4800 (0.88%) ($133.0900 - $135.4200) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 47 |
Latest Price | $133.4800(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.1% a day on average for past five trading days. |
Weekly Trend | XBI declines -1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(70%) ARKG(68%) ARKK(67%) VUG(64%) SKYY(63%) |
Factors Impacting XBI price | XBI will decline at least -1.285% in a week (0% probabilities). VIXM(-47%) UUP(-27%) VXX(-15%) TBT(-9%) IGOV(-3%) |
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 | -1.285% (StdDev 2.57%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.2% |
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