SBIO sees MACD Histogram crosses below signal line
SBIO saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on March 27, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 54 instances where the indicator turned negative. In of the 54 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on March 25, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on SBIO as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
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 02, 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.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SBIO's RSI Indicator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SBIO advanced for three days, in of 323 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.
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% | +2.89% | ||
| XBI - SBIO | 89% Closely correlated | +3.11% | ||
| IBB - SBIO | 78% Closely correlated | +1.89% | ||
| VHT - SBIO | 58% Loosely correlated | +0.77% | ||
| XLV - SBIO | 47% Loosely correlated | +0.67% | ||
| IHI - SBIO | 44% Loosely correlated | +0.57% |