| XBI latest price $83.9800 (0.93%) ($82.0500 - $84.4500) on Thu. May. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 64 |
Latest Price | $83.9800(0.93%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.3% a day on average for past five trading days. |
Weekly Trend | XBI advances 0.7% 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(76%) IWM(73%) IWC(68%) IWN(67%) |
Factors Impacting XBI price | XBI will decline at least -0.99% in a week (0% probabilities). VXX(-35%) VIXM(-31%) TBT(-24%) UUP(-22%) BNDX(-10%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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