| LABD latest price $492.0000 (8.37%) ($452.6000 - $495.5400) on Thu. Sep. 26, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.73% (three month average) |
RSI | 54 |
Latest Price | $492.0000(8.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 4.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stocks 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 -2.365% in a week (0% probabilities). IBB(-90%) XBI(-84%) IWO(-81%) IWC(-75%) IWM(-74%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.365% (StdDev 4.73%) |
Hourly BBV | 0 () |
Intraday Trend | 8.7% |
| |
|
|