| LABD latest price $595.6000 (3.91%) ($563.6000 - $620.8000) on Mon. Oct. 8, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.46% (three month average) |
RSI | 67 |
Latest Price | $595.6000(3.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 3.3% a day on average for past five trading days. |
Weekly Trend | LABD advances 6.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VXX(19%) VIXM(14%) UUP(13%) TLT(10%) SHY(5%) |
Factors Impacting LABD price | LABD will decline at least -1.73% in a week (0% probabilities). IBB(-91%) XBI(-87%) IWO(-82%) ARKG(-77%) IWC(-76%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.73% (StdDev 3.46%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
| |
|
|