| XBI latest price $110.8000 (0.81%) ($108.4100 - $112.3500) on Mon. Dec. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 37 |
Latest Price | $110.8000(0.81%) |
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 -2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(69%) ARKK(67%) VUG(67%) ARKG(66%) VT(66%) |
Factors Impacting XBI price | XBI will decline at least -0.88% in a week (0% probabilities). VIXM(-48%) UUP(-28%) VXX(-14%) TBT(-12%) UNG(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 | -0.88% (StdDev 1.76%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0.3% |
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