| XBI latest price $88.8200 (1.9%) ($86.2600 - $89.3000) on Tue. Jan. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 70 |
Latest Price | $88.8200(1.9%) |
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 2.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(86%) IWO(75%) IWM(72%) IWC(70%) IWN(67%) |
Factors Impacting XBI price | XBI will decline at least -1.12% in a week (0% probabilities). VIXM(-35%) UUP(-19%) TBT(-14%) VXX(-8%) BNDX(-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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.9% |
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