| LABD latest price $695.2000 (-3.47%) ($684.8000 - $764.8000) on Mon. Dec. 10, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.33% (three month average) |
RSI | 50 |
Latest Price | $695.2000(-3.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.2% a day on average for past five trading days. |
Weekly Trend | LABD declines -7.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock 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%) DIA(4%) |
Factors Impacting LABD price | LABD will decline at least -3.665% in a week (0% probabilities). IBB(-91%) XBI(-86%) IWO(-82%) ARKG(-76%) IWC(-75%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.665% (StdDev 7.33%) |
Hourly BBV | 0 () |
Intraday Trend | -4.7% |
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