| XBI latest price $89.7000 (-0.76%) ($89.0300 - $90.7800) on Mon. Feb. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 59 |
Latest Price | $89.7000(-0.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.6% a day on average for past five trading days. |
Weekly Trend | XBI advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.1% in a week (0% probabilities). VIXM(-35%) UUP(-19%) TBT(-15%) VXX(-8%) BNDX(-4%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.1% |
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