| LABD latest price $149.2000 (7.96%) ($142.6000 - $155.4000) on Fri. May. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.44% (three month average) |
RSI | 34 |
Latest Price | $149.2000(7.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 3.8% a day on average for past five trading days. |
Weekly Trend | LABD declines -15.2% 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(39%) UUP(20%) VXX(18%) TBT(2%) UNG(1%) |
Factors Impacting LABD price | LABD will decline at least -5.72% in a week (0% probabilities). IBB(-89%) XBI(-81%) IWO(-79%) IWC(-72%) ARKG(-71%) |
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 | -5.72% (StdDev 11.44%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.5% |
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