| XBI latest price $78.6900 (1.12%) ($77.2900 - $79.1800) on Fri. Aug. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 50 |
Latest Price | $78.6900(1.12%) |
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 -0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(91%) ARKG(86%) IWO(77%) IWM(75%) IWN(71%) |
Factors Impacting XBI price | XBI will decline at least -0.61% in a week (0% probabilities). VXX(-37%) TBT(-32%) 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 | -0.61% (StdDev 1.22%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.8% |
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