| XBI latest price $91.3900 (-1.54%) ($90.9200 - $92.4900) on Fri. Jun. 7, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 51 |
Latest Price | $91.3900(-1.54%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | XBI advances 0.5% a day on average for past five trading days. |
Weekly Trend | XBI advances 0.7% a week on average for past two weeks. |
Market Behavior | Normal 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(56%) IWM(52%) IWN(46%) TAN(40%) JETS(35%) |
Factors Impacting XBI price | XBI will decline at least -0.79% in a week (0% probabilities). VIXM(-45%) VXX(-41%) UUP(-39%) XLE(-4%) IVW(5%) |
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 | -0.79% (StdDev 1.58%) |
Hourly BBV | -1.2 () |
Intraday Trend | -0.1% |
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