| LABD latest price $367.2000 (-4.82%) ($366.8000 - $393.7500) on Tue. Jul. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 49 |
Latest Price | $367.2000(-4.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABD declines -2.2% 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) VIXM(45%) VXX(24%) UUP(9%) TLT(8%) IFRA(5%) |
Factors Impacting LABD price | LABD will decline at least -2.735% 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 | -2.735% (StdDev 5.47%) |
Hourly BBV | 0 () |
Intraday Trend | -6.2% |
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