SBIO's RSI Indicator ascends from oversold territory
The RSI Oscillator for SBIO moved out of oversold territory on April 11, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 33 similar instances when the indicator left oversold territory. In of the 33 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on SBIO as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for SBIO just turned positive on April 16, 2025. Looking at past instances where SBIO's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SBIO advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .
SBIO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SBIO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for SBIO entered a downward trend on April 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Health
SBIO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SBIO has been closely correlated with XBI. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if SBIO jumps, then XBI could also see price increases.
| Ticker / NAME | Correlation To SBIO | 1D Price Change % | ||
|---|---|---|---|---|
| SBIO | 100% | +1.63% | ||
| XBI - SBIO | 89% Closely correlated | +1.88% | ||
| IBB - SBIO | 78% Closely correlated | +1.30% | ||
| VHT - SBIO | 58% Loosely correlated | +0.62% | ||
| XLV - SBIO | 47% Loosely correlated | +0.50% | ||
| IHI - SBIO | 44% Loosely correlated | +1.33% |