| XBI latest price $93.6000 (0.19%) ($92.0000 - $94.3200) on Tue. Jan. 9, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 69 |
Latest Price | $93.6000(0.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.7% a day on average for past five trading days. |
Weekly Trend | XBI advances 3.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(75%) IWM(74%) IWN(68%) IVE(49%) TAN(49%) |
Factors Impacting XBI price | XBI will decline at least -1.095% in a week (0% probabilities). VXX(-45%) VIXM(-40%) UUP(-38%) XLE(4%) GLD(18%) |
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 | 1.4 () |
Intraday Trend | 1.2% |
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