| XBI latest price $139.6900 (0.24%) ($137.2600 - $140.8800) on Wed. Apr. 28, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.59% (three month average) |
RSI | 60 |
Latest Price | $139.6900(0.24%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal 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(68%) VT(64%) VUG(64%) |
Factors Impacting XBI price | XBI will decline at least -1.295% in a week (0% probabilities). VIXM(-47%) UUP(-27%) VXX(-15%) TBT(-9%) UNG(2%) |
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 | 1.3 () |
Intraday Trend | 0.7% |
| |
|
|