| XBI latest price $74.6700 (-2.16%) ($74.1000 - $76.7200) on Thu. Mar. 30, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.83% (three month average) |
RSI | 48 |
Latest Price | $74.6700(-2.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.3% a day on average for past five trading days. |
Weekly Trend | XBI declines -1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(86%) IWO(74%) IWM(71%) IWC(68%) IWN(66%) |
Factors Impacting XBI price | XBI will decline at least -0.915% in a week (0% probabilities). VXX(-36%) VIXM(-31%) UUP(-19%) TBT(-17%) BNDX(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.915% (StdDev 1.83%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
| |
|
|