| XBI latest price $124.8200 (0.72%) ($122.4000 - $124.8200) on Tue. Aug. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 48 |
Latest Price | $124.8200(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.3% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(69%) ARKG(68%) ARKK(67%) VT(65%) VUG(65%) |
Factors Impacting XBI price | XBI will decline at least -0.825% in a week (0% probabilities). VIXM(-49%) UUP(-28%) VXX(-15%) TBT(-10%) UNG(2%) |
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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.2% |
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