| XBI latest price $87.4200 (3.1%) ($84.0600 - $87.5000) on Thu. Sep. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.96% (three month average) |
RSI | 46 |
Latest Price | $87.4200(3.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.9% a day on average for past five trading days. |
Weekly Trend | XBI declines -1.9% 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(64%) XRT(62%) VFMO(61%) VYM(61%) XHB(61%) |
Factors Impacting XBI price | XBI will decline at least -1.48% in a week (0% probabilities). VIXM(-39%) UUP(-33%) TBT(-20%) VXX(-10%) EDOC(-0%) |
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 | -1.48% (StdDev 2.96%) |
Hourly BBV | 1.5 () |
Intraday Trend | 4% |
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