| LABD latest price $21.2900 (17.36%) ($18.5500 - $21.6200) on Tue. Mar. 23, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.41% (three month average) |
RSI | 49 |
Latest Price | $21.2900(17.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.4% a day on average for past five trading days. |
Weekly Trend | LABD declines -8.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(39%) UUP(20%) VXX(15%) IGOV(5%) TBT(4%) |
Factors Impacting LABD price | LABD will decline at least -3.705% in a week (0% probabilities). IBB(-89%) IWO(-81%) XBI(-76%) IWC(-76%) IWM(-75%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.705% (StdDev 7.41%) |
Hourly BBV | 2.1 () |
Intraday Trend | 14.8% |
| |
|
|