| XBI latest price $81.0100 (0.02%) ($80.2200 - $83.1700) on Wed. Jul. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 82 |
Latest Price | $81.0100(0.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.8% a day on average for past five trading days. |
Weekly Trend | XBI advances 7.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(63%) XHB(60%) XRT(60%) VUG(59%) XLY(59%) |
Factors Impacting XBI price | XBI will decline at least -1.8% in a week (0% probabilities). VIXM(-40%) UUP(-30%) TBT(-16%) VXX(-9%) EDOC(-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 | -1.8% (StdDev 3.6%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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