| LABD latest price $423.4000 (3.98%) ($348.4000 - $428.6000) on Fri. Mar. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.83% (three month average) |
RSI | 68 |
Latest Price | $423.4000(3.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.5% a day on average for past five trading days. |
Weekly Trend | LABD advances 32.8% a week on average for past two weeks. |
Market Behavior | Broad based 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(43%) VXX(21%) UUP(12%) TLT(4%) TBT(-1%) |
Factors Impacting LABD price | LABD will decline at least -4.915% in a week (0% probabilities). IBB(-90%) XBI(-84%) IWO(-81%) IWC(-74%) ARKG(-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 | -4.915% (StdDev 9.83%) |
Hourly BBV | -0.4 () |
Intraday Trend | 8.6% |
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