| LABD latest price $50.2700 (3.78%) ($48.0000 - $52.4460) on Mon. Oct. 26, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.28% (three month average) |
RSI | 44 |
Latest Price | $50.2700(3.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1% a day on average for past five trading days. |
Weekly Trend | LABD advances 2.9% 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(19%) VXX(16%) EDOC(6%) TBT(6%) |
Factors Impacting LABD price | LABD will decline at least -3.14% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.14% (StdDev 6.28%) |
Hourly BBV | 0.9 () |
Intraday Trend | 1.2% |
| |
|
|