| LABD latest price $23.6100 (5.07%) ($21.7900 - $23.6300) on Thu. Jul. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 67 |
Latest Price | $23.6100(5.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1% a day on average for past five trading days. |
Weekly Trend | LABD advances 4.1% a week on average for past two weeks. |
Market Behavior | Value stock 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 -2.455% in a week (0% probabilities). IBB(-89%) IWO(-81%) IWM(-76%) IWC(-76%) XBI(-73%) |
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 | -2.455% (StdDev 4.91%) |
Hourly BBV | -0.5 () |
Intraday Trend | 6.8% |
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