| LABD latest price $265.8000 (-1.48%) ($251.8000 - $275.2000) on Wed. Feb. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 64 |
Latest Price | $265.8000(-1.48%) |
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 3.6% 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(6%) IGOV(-1%) |
Factors Impacting LABD price | LABD will decline at least -2.055% in a week (0% probabilities). IBB(-90%) XBI(-84%) IWO(-82%) 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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.6% |
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