| LABD latest price $794.6000 (12.04%) ($713.2000 - $801.4000) on Mon. Nov. 12, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.17% (three month average) |
RSI | 58 |
Latest Price | $794.6000(12.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 4.3% a day on average for past five trading days. |
Weekly Trend | LABD declines -6.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VXX(18%) UUP(13%) VIXM(12%) TLT(9%) SHY(4%) |
Factors Impacting LABD price | LABD will decline at least -3.085% in a week (0% probabilities). IBB(-91%) XBI(-87%) IWO(-82%) ARKG(-76%) IWM(-75%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.085% (StdDev 6.17%) |
Hourly BBV | 0 () |
Intraday Trend | 10.9% |
| |
|
|