| LABD latest price $19.7800 (-2.61%) ($19.5100 - $20.9000) on Mon. Jun. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.17% (three month average) |
RSI | 24 |
Latest Price | $19.7800(-2.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.8% a day on average for past five trading days. |
Weekly Trend | LABD declines -7.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(41%) UUP(20%) VXX(14%) TBT(4%) UNG(3%) |
Factors Impacting LABD price | LABD will decline at least -3.085% in a week (0% probabilities). IBB(-89%) IWO(-81%) IWM(-76%) IWC(-76%) XBI(-74%) |
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 | -3.085% (StdDev 6.17%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.6% |
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