| XBI latest price $89.2900 (-1.73%) ($89.2600 - $90.7400) on Fri. Dec. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 72 |
Latest Price | $89.2900(-1.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1% 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 | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IWO(77%) IWM(75%) IWN(69%) IVE(53%) TAN(51%) |
Factors Impacting XBI price | XBI will decline at least -1.095% in a week (0% probabilities). VXX(-49%) VIXM(-45%) UUP(-41%) XLE(7%) GLD(21%) |
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 | -1.095% (StdDev 2.19%) |
Hourly BBV | -1.2 () |
Intraday Trend | -1.6% |
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