| XBI latest price $83.3400 (4.51%) ($80.0600 - $83.4600) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.59% (three month average) |
RSI | 70 |
Latest Price | $83.3400(4.51%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.4% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(63%) XHB(60%) XRT(59%) VFMO(58%) VUG(58%) |
Factors Impacting XBI price | XBI will decline at least -1.795% in a week (0% probabilities). VIXM(-40%) UUP(-32%) 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 | -1.795% (StdDev 3.59%) |
Hourly BBV | 0.9 () |
Intraday Trend | 2.9% |
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