| XBI latest price $80.5200 (1.23%) ($79.5600 - $80.8000) on Thu. Dec. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 83 |
Latest Price | $80.5200(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.3% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.9% a week on average for past two weeks. |
Market Behavior | Broad based 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(96%) 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%) TBT(-14%) UUP(-13%) BNDX(-13%) |
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 | 1.1 () |
Intraday Trend | 0.7% |
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