| XBI latest price $69.4300 (-2.92%) ($69.1400 - $71.6800) on Wed. Nov. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 56 |
Latest Price | $69.4300(-2.92%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.5% a day on average for past five trading days. |
Weekly Trend | XBI advances 3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(93%) ARKG(87%) IWO(79%) IWM(77%) VFMO(77%) |
Factors Impacting XBI price | XBI will decline at least -0.815% in a week (0% probabilities). VXX(-43%) VIXM(-35%) TBT(-27%) UUP(-24%) BNDX(5%) |
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 | -0.815% (StdDev 1.63%) |
Hourly BBV | -1.5 () |
Intraday Trend | -2.9% |
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