| LABD latest price $449.8000 (-4.5%) ($438.2800 - $481.4000) on Wed. Aug. 28, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 62 |
Latest Price | $449.8000(-4.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.1% a day on average for past five trading days. |
Weekly Trend | LABD advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(45%) VXX(23%) UUP(9%) TLT(8%) IFRA(6%) |
Factors Impacting LABD price | LABD will decline at least -2.51% in a week (0% probabilities). IBB(-90%) XBI(-85%) IWO(-81%) IWC(-75%) IWM(-74%) |
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 | -2.51% (StdDev 5.02%) |
Hourly BBV | 0 () |
Intraday Trend | -5.8% |
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