| LABD latest price $24.4700 (6.02%) ($23.0600 - $24.8600) on Fri. Apr. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.67% (three month average) |
RSI | 65 |
Latest Price | $24.4700(6.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 3% a day on average for past five trading days. |
Weekly Trend | LABD advances 3.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(39%) UUP(20%) VXX(14%) IGOV(7%) TBT(4%) |
Factors Impacting LABD price | LABD will decline at least -3.835% in a week (0% probabilities). IBB(-89%) IWO(-81%) IWC(-76%) XBI(-75%) 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 | -3.835% (StdDev 7.67%) |
Hourly BBV | 1.7 () |
Intraday Trend | 5.7% |
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