| LABD latest price $251.0000 (4.58%) ($237.6500 - $254.7500) on Mon. Dec. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 47 |
Latest Price | $251.0000(4.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.1% a day on average for past five trading days. |
Weekly Trend | LABD declines -3.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock 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 -1.905% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.905% (StdDev 3.81%) |
Hourly BBV | 1.4 () |
Intraday Trend | 4.3% |
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