The SPDR S&P Biotech ETF (XBI) provides exposure to one of the broadest portfolios among US biotech ETFs. The fund equal-weights its portfolio, which in turn emphasizes small- and micro-caps and greatly reduces single-name risk. Thus, the weighted-average market cap is much smaller than some competitors. Unlike other funds in this segment, XBI is a pure biotech play, with relatively small pharma overlap.
For XBI Options Trading, they trade with only Friday expirations priced in increments of $0.50. and are a very popular, low priced play which can often provide weekly gains of over 5,000%.
2020 Range: (62.94 – 152.70)
2020 Close: 140.78
Get this week and next week’s XBI Options Trade Forecast view by clicking here
Weekly Chart
Daily Chart
5 Day Chart
Get the XBI Monthly and LEAP Options Trade Forecast view by clicking here
Pivot Points
(updated weekly after Friday’s close)
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
| 52-Week High | 174.79 | |
| 14 Day RSI at 80% | 154.46 | |
| 148.85 | 38.2% Retracement From 52 Week High | |
| 140.83 | 50% Retracement From 52 Week High/Low | |
| 13-Week High | 134.79 | |
| 14 Day RSI at 70% | 133.34 | |
| 132.82 | 38.2% Retracement From 52 Week Low | |
| 124.13 | 38.2% Retracement From 13 Week High | |
| 120.83 | 50% Retracement From 13 Week High/Low | |
| 1-Month High | 120.53 | |
| Last | 118.22 | Last |
| 117.54 | 38.2% Retracement From 13 Week Low | |
| 116.45 | 14 Day RSI at 50% | |
| 115.31 | 38.2% Retracement From 4 Week High | |
| 113.70 | 50% Retracement From 4 Week High/Low | |
| 112.09 | 38.2% Retracement From 4 Week Low | |
| 1-Month Low | 106.88 | |
| 13-Week Low | 106.88 | |
| 52-Week Low | 106.88 | |
| 14 Day RSI at 30% | 97.19 | |
| 14 Day RSI at 20% | 73.12 |
