XBI is giving long term buy signals as the chart displays. Super trend signals a buy, also MACD and KST crossovers confirm trend direction.
XBI is a somewhat volatile bio-tech ETF.
This ETF is also great for selling options on when volatility is high, as the premium you receive is often much higher than employing the strategy on SPY.
Here are the most current Top 10 holdings:
1 CYTK Cytokinetics, Incorporated 2.79% 2,308,666
2 KRTX Karuna Therapeutics, Inc. 1.80% 383,056
3 ARWR Arrowhead Pharmaceuticals, Inc. 1.61% 3,201,386
4 BHVN Biohaven Pharmaceutical Holding Company Ltd. 1.57% 2,381,294
5 SRPT Sarepta Therapeutics, Inc. 1.56% 904,544
6 ACAD ACADIA Pharmaceuticals Inc. 1.53% 3,752,269
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.