| XBI latest price $80.6200 (-2.1%) ($80.3900 - $81.6280) on Thu. Apr. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 67 |
Latest Price | $80.6200(-2.1%) |
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 advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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(68%) IWN(66%) |
Factors Impacting XBI price | XBI will decline at least -0.945% in a week (0% probabilities). VXX(-36%) VIXM(-32%) UUP(-21%) TBT(-20%) BNDX(-11%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | -1.4 () |
Intraday Trend | -1.2% |
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