| XBI latest price $84.6800 (-0.12%) ($84.5300 - $85.4100) on Thu. Jul. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 40 |
Latest Price | $84.6800(-0.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.7% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(89%) ARKG(85%) IWO(76%) IWM(74%) IWN(69%) |
Factors Impacting XBI price | XBI will decline at least -0.82% in a week (0% probabilities). VXX(-36%) TBT(-35%) VIXM(-31%) UUP(-24%) USO(-1%) |
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 | -0.82% (StdDev 1.64%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.4% |
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