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XBI
ETF ticker:
NYSE ARCA
AS OF
May 26 closing price
Price
$68.47
Change
+$0.79 (+1.17%)
Net Assets
5.57B

XBI SPDR® S&P Biotech ETF Forecast, Technical & Fundamental Analysis

Category Health
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT May 26, 2022

XBI's RSI Indicator ascends from oversold territory

The RSI Oscillator for XBI moved out of oversold territory on May 12, 2022. 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 25 similar instances when the indicator left oversold territory. In 24 of the 25 cases the stock moved higher. This puts the odds of a move higher at 90%.

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 25, 2022. You may want to consider a long position or call options on XBI as a result. In of 97 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 XBI just turned positive on May 17, 2022. Looking at past instances where XBI's MACD turned positive, the stock continued to rise in of 48 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 XBI advanced for three days, in of 313 cases, the price rose further within the following month. The odds of a continued upward trend are .

XBI 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 may be shifting from an upward trend to a downward trend. In of 67 cases where XBI's Stochastic Oscillator exited the overbought zone, the price fell further within the following 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 XBI 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 XBI entered a downward trend on May 23, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed
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published General Information

General Information

Category Health

Profile
Fundamentals
Details
Category
Health
Address
SPDR Series TrustOne Lincoln Street Cph0326Boston
Phone
N/A
Web
www.spdrs.com

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XBI and

Correlation & Price change

A.I.dvisor indicates that over the last year, XBI has been closely correlated with BTEC. These tickers have moved in lockstep 96% of the time. This A.I.-generated data suggests there is a high statistical probability that if XBI jumps, then BTEC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To XBI
1D Price
Change %
XBI100%
+1.09%
BTEC - XBI
96%
Closely correlated
+1.60%
SBIO - XBI
95%
Closely correlated
+0.85%
GNOM - XBI
93%
Closely correlated
+1.73%
ARKG - XBI
92%
Closely correlated
+1.11%
FBT - XBI
90%
Closely correlated
+1.10%
More
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