| LABD latest price $490.2000 (-3.88%) ($472.8000 - $502.2000) on Mon. Jun. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.36% (three month average) |
RSI | 48 |
Latest Price | $490.2000(-3.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.8% a day on average for past five trading days. |
Weekly Trend | LABD advances 2.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VXX(24%) UUP(9%) TLT(8%) IFRA(5%) SHY(2%) |
Factors Impacting LABD price | LABD will decline at least -2.68% in a week (0% probabilities). IBB(-90%) XBI(-85%) IWO(-81%) IWC(-75%) ARKG(-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 | -2.68% (StdDev 5.36%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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