| XBI latest price $79.6800 (0.49%) ($79.0100 - $79.8600) on Wed. Aug. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 47 |
Latest Price | $79.6800(0.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.2% a day on average for past five trading days. |
Weekly Trend | XBI declines -0.3% a week on average for past two weeks. |
Market Behavior | Growth stock 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(79%) IWM(77%) IWN(73%) |
Factors Impacting XBI price | XBI will decline at least -0.6% in a week (0% probabilities). VXX(-37%) VIXM(-31%) TBT(-31%) UUP(-22%) USO(0%) |
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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 1 () |
Intraday Trend | 0.4% |
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