| XBI latest price $90.4300 (-0.17%) ($89.5450 - $91.0100) on Tue. May. 7, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 65 |
Latest Price | $90.4300(-0.17%) |
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 3.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support XBI advance at 0% a week (0% probability) IWO(59%) IWM(58%) IWN(54%) TAN(45%) JETS(38%) |
Factors Impacting XBI price | XBI will decline at least -0.945% in a week (0% probabilities). UUP(-44%) VXX(-30%) VIXM(-22%) SMH(1%) XLE(3%) |
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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.6% |
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