| LABD latest price $302.2000 (3.85%) ($282.2000 - $312.0000) on Fri. Apr. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.6% (three month average) |
RSI | 30 |
Latest Price | $302.2000(3.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.2% a day on average for past five trading days. |
Weekly Trend | LABD declines -20.7% 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(38%) UUP(20%) VXX(18%) TBT(1%) UNG(-0%) |
Factors Impacting LABD price | LABD will decline at least -5.3% in a week (0% probabilities). IBB(-89%) XBI(-82%) IWO(-79%) IWC(-72%) ARKG(-72%) |
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 | -5.3% (StdDev 10.6%) |
Hourly BBV | -0.2 () |
Intraday Trend | 2.3% |
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