| LABD latest price $25.2700 (7.03%) ($23.4000 - $25.5200) on Thu. Dec. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 49 |
Latest Price | $25.2700(7.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 4.1% a day on average for past five trading days. |
Weekly Trend | LABD declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(38%) UUP(20%) VXX(16%) TBT(5%) UNG(2%) |
Factors Impacting LABD price | LABD will decline at least -2.83% in a week (0% probabilities). IBB(-89%) IWO(-81%) XBI(-78%) IWC(-76%) IWM(-75%) |
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 | -2.83% (StdDev 5.66%) |
Hourly BBV | 1.6 () |
Intraday Trend | 7.2% |
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