| XBI latest price $89.8600 (-2.55%) ($89.8600 - $93.0900) on Wed. Mar. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.85% (three month average) |
RSI | 55 |
Latest Price | $89.8600(-2.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.8% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.3% 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) VT(66%) VUG(65%) IBB(64%) XRT(64%) ARKK(63%) |
Factors Impacting XBI price | XBI will decline at least -1.425% in a week (0% probabilities). VIXM(-47%) UUP(-29%) TBT(-17%) VXX(-12%) UNG(3%) |
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 | -1.425% (StdDev 2.85%) |
Hourly BBV | -0.4 () |
Intraday Trend | -1.6% |
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