| LABD latest price $1185.6000 (0.58%) ($1110.0000 - $1245.0000) on Mon. Dec. 24, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.69% (three month average) |
RSI | 90 |
Latest Price | $1185.6000(0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 7.8% a day on average for past five trading days. |
Weekly Trend | LABD advances 27.9% 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(11%) TLT(9%) DIA(5%) |
Factors Impacting LABD price | LABD will decline at least -3.845% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.845% (StdDev 7.69%) |
Hourly BBV | 0 () |
Intraday Trend | -3.5% |
| |
|
|