| LABD latest price $92.0000 (-8.73%) ($91.0100 - $105.9000) on Mon. Jun. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.53% (three month average) |
RSI | 50 |
Latest Price | $92.0000(-8.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.5% a day on average for past five trading days. |
Weekly Trend | LABD advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(39%) UUP(21%) VXX(17%) TBT(3%) UNG(1%) |
Factors Impacting LABD price | LABD will decline at least -4.765% in a week (0% probabilities). IBB(-89%) IWO(-81%) XBI(-80%) IWC(-74%) IWM(-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 | -4.765% (StdDev 9.53%) |
Hourly BBV | -1.6 () |
Intraday Trend | -11.7% |
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