| XBI latest price $85.7600 (1.59%) ($84.7900 - $86.8300) on Mon. Jul. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.54% (three month average) |
RSI | 61 |
Latest Price | $85.7600(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.4% a day on average for past five trading days. |
Weekly Trend | XBI advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(90%) ARKG(85%) IWO(78%) IWM(76%) IWN(70%) |
Factors Impacting XBI price | XBI will decline at least -0.77% in a week (0% probabilities). VXX(-36%) TBT(-35%) VIXM(-30%) 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 | -0.77% (StdDev 1.54%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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