| LABD latest price $25.4400 (8.86%) ($23.5000 - $25.6400) on Mon. Mar. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.66% (three month average) |
RSI | 59 |
Latest Price | $25.4400(8.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 6.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 10.7% a week on average for past two weeks. |
Market Behavior | Normal 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 -3.83% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.83% (StdDev 7.66%) |
Hourly BBV | 1.1 () |
Intraday Trend | 7.6% |
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