| XBI latest price $79.5400 (0.94%) ($78.5900 - $80.6530) on Wed. Dec. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 76 |
Latest Price | $79.5400(0.94%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.5% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IBB(95%) IWO(82%) IFRA(81%) VYM(81%) XLI(81%) |
Factors Impacting XBI price | XBI will decline at least -0.97% in a week (0% probabilities). VXX(-47%) VIXM(-45%) BNDX(-15%) UUP(-13%) TBT(-11%) |
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 | -0.97% (StdDev 1.94%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.3% |
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