| LABD latest price $950.4000 (2.52%) ($928.5500 - $1053.7800) on Thu. Dec. 27, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.3% (three month average) |
RSI | 72 |
Latest Price | $950.4000(2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 24.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -4.15% 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 | -4.15% (StdDev 8.3%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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