$XBI

XBI is likely to reach a new all-time high near 175, about 9 points above current levels.

BullishHe framed it in weeks
“Stock Market & Crypto Analysis for Week Ending 8/21/26”
Brian ShannonPublished Aug 21 · 7 passages

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10:3912:31

And of course, the big move this week was in the biotech stocks. They look like they're magnetized to the new to a new all-time high up in here. That would bring this XBI up to 175 basically.

Another 10 points higher from you know, 9 points higher from here. And like I said, it seems magnetized to there.

So, I'm going to do a special video for subscribers this weekend that goes over 28 different genomic stocks. And we're going to talk about several things. We're going to talk about the structure of the stock itself on multiple time frames.

We're going to talk about liquidity. And we're going to talk about the personality of the stock, not just, you know, how it's behaving now or its ATR, but instead to look at historically the personalities of these stocks and try to unfold some of the to to uncover, rather, some of the ones that might have a chance of getting going.

One speculative one that might have a a decent chance next week, I'll just give you this one. It's a it's a low-priced one, $3 per share. It's got a pretty good-sized short position in it.

The short position is actually we can take a look at that right here. 23.4 days is what it would it would take 23 days of average daily volume.

16 and a half So, I'm sorry, it's 23 million shares. The short interest ratio, how many days to cover, is basically 9 and a half. 17 16 and a half percent of the float is short, and they've been increasing that lately.

But if you look at the weekly chart, maybe the stock can do something. It's one of those little speculative names that might end up doing something like this right here.

Anyways, I don't want to make it about a little $3 stock here.

What this channel has said about $XBI

Brian Shannon has only this one call on this stock.

2026-08-21BullishThis one
And of course, the big move this week was in the biotech stocks.
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