Trading Signals: XBI Stock Price Prediction and Forecast

^ XBI: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Wed. Jul. 8, 2020

Trading Signals: XBI Stock Price Prediction and Forecast (Fri. Dec. 20, 2013 - Wed. Jul. 8, 2020)

(SPDR SP Biotech ETF)

XBI latest price $116.7700 (1.5%) ($114.6200 - $116.9100) on Wed. Jul. 8, 2020.

Trend and Trading Plan

Trend Narrative Uptrend
Trading Plan Not Available

XBI Next Day Target Price $115.99(-0.67%)

XBI 5 Day Price Forecast

Bullish Probability   82%
Bullish Price Move   2.3%
Bearish Probability   18%
Bearish Price Move   -2.3%
Recommended Position Size   28%
Latest Price   $116.7700
5 Day Target Price   $119.16(2.05%)
5 Day Price Range   $116.29 - $118.97
Support Level   $109.55
To recent high   0%
To recent low   42.6%

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. XBI price fluctuates within 2.28% (three month std-dev: 2.28% one year average std_dev: 0%) daily (68% of days).
$. XBI price fluctuates within 0% weekly (one year average std_dev: %).
$. XBI is 73% correlated to SPY, and 78% correlated to QQQ.

Analysis News Options Weekly Chart Daily Chart Hourly Chart 5 Minute Chart

i	Date	Close	Daily Return	Volume millions	To High-Low	Close to ema5	ema5 Trend	ema10 Trend	ema20 Trend	BBV	5 Day Price Change	5 Day Target	SRI	Trend-Narrative	RSI
1	Jul_8_2020	116.77	1.5%	4.59	0%-42.6%	0	0.2	0.5	0.5	1.5	2.05%	119.16	0.9,-1.2\|\|84	Uptrend	75
2	Jul_7_2020	115.04	1.88%	5.23	0%-46%	0.8	0.2	0.6	0.5	1.3	2.31%	117.7	0.9,-1\|\|83	Growing Uptrend	74
3	Jul_6_2020	112.92	0.03%	3.69	-1.1%-43.3%	0.3	0.1	0.7	0.5	1	0.23%	113.18	0.9,-0.8\|\|79	Growing Uptrend	74
4	Jul_2_2020	112.89	0.37%	5.05	-1.1%-50.8%	0.5	-0.1	0.8	0.4	1.1	0.25%	113.17	0.9,-0.9\|\|-83	Growing Uptrend	78
5	Jul_1_2020	112.47	0.46%	6.7	-1.5%-53.5%	0.2	0	1	0.5	1.1	2.75%	115.56	1.1,-0.9\|\|77	Possible Top	79

6	Jun_30_2020	111.95	1.4%	7.64	-1.9%-52.8%	0.1	-0.1	1.1	0.5	1.2	2.6%	114.86	1,-1\|\|-83	Possible Top	62
7	Jun_29_2020	110.4	-0.02%	4.89	-3.3%-50.7%	-0.6	-0.1	1.2	0.6	0.9	0%	110.4	1.1,-0.7\|\|-83	Uptrend	60
8	Jun_26_2020	110.42	-3.28%	8.71	-3.3%-50.7%	-0.7	0.1	1.2	0.6	1	-2.12%	108.08	1.2,-0.8\|\|66	Possible Top	60
9	Jun_25_2020	114.17	2.47%	10.17	0%-55.8%	0.7	0.4	1.2	0.5	2	-2.64%	111.16	1.2,-1.5\|\|71	Top	69
10	Jun_24_2020	111.42	-2.05%	7.45	-2%-52.1%	0.4	0.4	1	0.5	1.7	-3.42%	107.61	0.9,-1.3\|\|71	Possible Top	68

11	Jun_23_2020	113.75	1.54%	9.04	0%-65.9%	1.6	0.5	0.9	0.4	2.7	2.5%	116.59	0.8,-2.1\|\|78	Growing Uptrend	67
12	Jun_22_2020	112.03	2.92%	11.73	0%-63.4%	1.6	0.7	0.7	0.3	2.9	1.39%	113.59	0.5,-2.3\|\|82	Uptrend	60
13	Jun_19_2020	108.85	2.83%	6.56	0%-58.7%	1.2	0.8	0.5	0.2	2.4	0.83%	109.75	0.3,-1.9\|\|83	Uptrend	59
14	Jun_18_2020	105.85	1.07%	3.28	-0.2%-59.6%	0.7	0.8	-0	0.1	1.2	0.28%	106.15	0.1,-0.9\|\|77	N/A	55
15	Jun_17_2020	104.73	0.08%	8.14	-1.2%-57.9%	0.8	0	-0.5	0	0.6	-1.72%	102.93	-0.1,-0.5\|\|69	N/A	56

16	Jun_16_2020	104.65	1.54%	9.48	-1.3%-58.7%	0.8	0	-0.5	0	0.6	-1.73%	102.84	-0.1,-0.5\|\|73	N/A	52
17	Jun_15_2020	103.06	2.82%	7.24	-2.8%-56.3%	0.2	-0.2	-0.4	0	-0.3	0.66%	103.74	-0.1,0.2\|\|57	N/A	49
18	Jun_12_2020	100.23	1.27%	9.61	-5.5%-52%	-0.7	-0.3	-0.4	0.2	-1.9	5.07%	105.31	-0.1,1.5\|\|-44	N/A	36
19	Jun_11_2020	98.97	-5.53%	13.43	-6.7%-50.1%	-1.2	-0.3	-0.2	0.3	-2.4	3.66%	102.59	-0.1,1.9\|\|-83	Uptrend Dip	37
20	Jun_10_2020	104.76	0.12%	5.12	-1.2%-58.8%	0.2	0.1	-0.2	0.5	0.6	0%	104.76	0,-0.5\|\|60	N/A	46

21	Jun_9_2020	104.63	-0.17%	3.99	-1.3%-58.7%	0.3	-0.1	-0.2	0.5	0.6	0%	104.63	0,-0.5\|\|-83	N/A	56
22	Jun_8_2020	104.81	1.85%	4.87	-1.2%-58.9%	0.2	0.1	-0.3	0.8	0.7	0.39%	105.22	0.1,-0.6\|\|76	N/A	47
23	Jun_5_2020	102.91	0.81%	5.78	-3%-56%	-0.2	-0.1	-0.1	0.9	-0.2	1.16%	104.1	0.1,0.2\|\|-83	N/A	52
24	Jun_4_2020	102.08	-1.79%	7.33	-3.7%-54.8%	-0.4	-0	0.1	0.9	-0.4	3.87%	106.03	0.2,0.3\|\|-83	Uptrend Dip	59
25	Jun_3_2020	103.94	-1.53%	5.34	-2%-57.6%	0	0	0.3	0.9	0.4	-1.17%	102.72	0.3,-0.3\|\|80	Uptrend	60
i	Date	Close	Daily Return	Volume millions	To High-Low	Close to ema5	ema5 Trend	ema10 Trend	ema20 Trend	BBV	5 Day Price Change	5 Day Target	SRI	Trend Narrative	RSI