| XBI latest price $124.6100 (0.44%) ($124.2800 - $125.7300) on Tue. Oct. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 33 |
Latest Price | $124.6100(0.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.2% a day on average for past five trading days. |
Weekly Trend | XBI declines -2.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth 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 -0.815% in a week (0% probabilities). VIXM(-49%) UUP(-28%) VXX(-14%) TBT(-10%) IGOV(0%) |
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 | -0.815% (StdDev 1.63%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.2% |
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