| LABD latest price $474.4000 (6.65%) ($437.6000 - $479.8000) on Tue. Sep. 3, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.08% (three month average) |
RSI | 63 |
Latest Price | $474.4000(6.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.1% a day on average for past five trading days. |
Weekly Trend | LABD advances 3.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(45%) VXX(23%) UUP(10%) TLT(7%) SHY(1%) |
Factors Impacting LABD price | LABD will decline at least -2.54% 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 | -2.54% (StdDev 5.08%) |
Hourly BBV | 0 () |
Intraday Trend | 5% |
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