| XBI latest price $92.5400 (-2.49%) ($91.7500 - $94.7200) on Tue. Aug. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.06% (three month average) |
RSI | 64 |
Latest Price | $92.5400(-2.49%) |
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 6.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) VT(65%) XHB(62%) VYM(61%) XLY(61%) XRT(61%) |
Factors Impacting XBI price | XBI will decline at least -1.53% in a week (0% probabilities). VIXM(-40%) UUP(-33%) TBT(-21%) VXX(-9%) EDOC(5%) |
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 | -1.53% (StdDev 3.06%) |
Hourly BBV | -1.8 () |
Intraday Trend | -2.1% |
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