| LABD latest price $518.0000 (-2.52%) ($514.4000 - $545.0000) on Fri. Feb. 8, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.83% (three month average) |
RSI | 52 |
Latest Price | $518.0000(-2.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.8% a day on average for past five trading days. |
Weekly Trend | LABD declines -4.5% a week on average for past two weeks. |
Market Behavior | Normal 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(10%) TLT(8%) IFRA(3%) |
Factors Impacting LABD price | LABD will decline at least -3.915% in a week (0% probabilities). IBB(-90%) XBI(-86%) IWO(-81%) IWC(-75%) ARKG(-75%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.915% (StdDev 7.83%) |
Hourly BBV | 0 () |
Intraday Trend | -4.7% |
| |
|
|