| XBI latest price $81.1300 (2.44%) ($79.7400 - $81.2150) on Fri. Sep. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.22% (three month average) |
RSI | 53 |
Latest Price | $81.1300(2.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.6% a day on average for past five trading days. |
Weekly Trend | XBI advances 0.8% a week on average for past two weeks. |
Market Behavior | Value 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(91%) ARKG(86%) IWO(79%) IWM(78%) IWN(73%) |
Factors Impacting XBI price | XBI will decline at least -0.61% in a week (0% probabilities). VXX(-37%) TBT(-32%) VIXM(-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 | -0.61% (StdDev 1.22%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.7% |
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