| LABD latest price $19.2600 (-3.6%) ($19.0100 - $20.5600) on Fri. Jan. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 25 |
Latest Price | $19.2600(-3.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.1% a day on average for past five trading days. |
Weekly Trend | LABD declines -10.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(20%) VXX(15%) TBT(5%) UNG(2%) |
Factors Impacting LABD price | LABD will decline at least -2.64% 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 | -2.64% (StdDev 5.28%) |
Hourly BBV | -0.2 () |
Intraday Trend | -5.1% |
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