| XBI latest price $133.2100 (-0.7%) ($131.9100 - $134.7900) on Thu. Nov. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 66 |
Latest Price | $133.2100(-0.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.1% a day on average for past five trading days. |
Weekly Trend | XBI advances 3% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(69%) ARKG(67%) ARKK(67%) VT(66%) VUG(66%) |
Factors Impacting XBI price | XBI will decline at least -0.82% in a week (0% probabilities). VIXM(-48%) 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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.5% |
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