| XBI latest price $83.9500 (4.83%) ($79.9800 - $84.0300) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 84 |
Latest Price | $83.9500(4.83%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.1% a day on average for past five trading days. |
Weekly Trend | XBI advances 4.7% 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%) ARKG(82%) IFRA(80%) IWO(80%) VYM(80%) |
Factors Impacting XBI price | XBI will decline at least -1.02% in a week (0% probabilities). EDOC(-54%) VXX(-47%) VIXM(-43%) BNDX(-17%) UUP(-16%) |
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 | -1.02% (StdDev 2.04%) |
Hourly BBV | 2.5 () |
Intraday Trend | 4.8% |
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