| XBI latest price $90.7800 (-3.17%) ($90.1400 - $95.1750) on Thu. Aug. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 68 |
Latest Price | $90.7800(-3.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.5% a day on average for past five trading days. |
Weekly Trend | XBI advances 6.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(64%) XHB(61%) XRT(61%) XLY(60%) VUG(59%) |
Factors Impacting XBI price | XBI will decline at least -1.55% in a week (0% probabilities). VIXM(-40%) UUP(-32%) TBT(-19%) VXX(-9%) EDOC(6%) |
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 | -1.55% (StdDev 3.1%) |
Hourly BBV | -1.1 () |
Intraday Trend | -3.2% |
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