| XBI latest price $129.1600 (1.1%) ($126.4500 - $129.8900) on Wed. Aug. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 47 |
Latest Price | $129.1600(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.2% 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 | Value stock 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(67%) ARKK(67%) VUG(66%) VT(65%) |
Factors Impacting XBI price | XBI will decline at least -0.84% in a week (0% probabilities). VIXM(-49%) UUP(-28%) VXX(-15%) TBT(-10%) IGOV(-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 | -0.84% (StdDev 1.68%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
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