| LABD latest price $247.0000 (-1.59%) ($244.6000 - $256.2400) on Tue. Dec. 31, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 50 |
Latest Price | $247.0000(-1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.5% a day on average for past five trading days. |
Weekly Trend | LABD declines -1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -1.84% 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 | -1.84% (StdDev 3.68%) |
Hourly BBV | 0.5 () |
Intraday Trend | -2.7% |
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