NYSEARCA:XBI - NYSE Arca - US78464A8707 - ETF - Currency: USD
Overall XBI gets a technical rating of 0 out of 10. XBI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, XBI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
72.92
We found 2 important support areas.
We can see 5 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for XBI is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for XBI is neutral. |
ChartMill Relative Strength | 25.49 | NEGATIVE | XBI has a low relative strength, it was outperformed by 74.51% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XBI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XBI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XBI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 48.4 | NEUTRAL | The RSI value for XBI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests XBI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 55.07 | NEUTRAL | The Stochastics value for XBI is a neutral value. |
Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for XBI suggests some volalility. |
Average Directional Index/ADX (14) | 14.47 | NEGATIVE | The low ADX value for XBI suggests a weak or negative trend. |
78.77
-0.53 (-0.67%)