| LABD latest price $264.8000 (6.17%) ($250.8000 - $270.8000) on Mon. Jan. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 62 |
Latest Price | $264.8000(6.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.8% a day on average for past five trading days. |
Weekly Trend | LABD advances 3.7% 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(10%) TLT(7%) UNG(-3%) |
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 | 1.4 () |
Intraday Trend | 4.2% |
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