| XBI latest price $88.3400 (1.16%) ($86.9100 - $88.9800) on Thu. May. 2, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.9% (three month average) |
RSI | 48 |
Latest Price | $88.3400(1.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 1.4% a day on average for past five trading days. |
Weekly Trend | XBI advances 0.3% 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) IWO(69%) IWM(67%) IWN(64%) JETS(52%) TAN(49%) |
Factors Impacting XBI price | XBI will decline at least -0.95% in a week (0% probabilities). VIXM(-36%) UUP(-18%) VXX(-13%) XLE(14%) TLT(19%) |
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 | -0.95% (StdDev 1.9%) |
Hourly BBV | 1.4 () |
Intraday Trend | -0.1% |
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