| LABD latest price $48.9200 (-8.48%) ($48.6210 - $53.0100) on Thu. Oct. 22, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.38% (three month average) |
RSI | 34 |
Latest Price | $48.9200(-8.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.3% a day on average for past five trading days. |
Weekly Trend | LABD declines -2.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(38%) UUP(19%) VXX(16%) EDOC(6%) TBT(6%) |
Factors Impacting LABD price | LABD will decline at least -3.19% in a week (0% probabilities). IBB(-89%) IWO(-81%) XBI(-79%) 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 | -3.19% (StdDev 6.38%) |
Hourly BBV | -1.1 () |
Intraday Trend | -7.7% |
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