| LABD latest price $23.7500 (-0.21%) ($22.3200 - $24.0600) on Wed. Aug. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 52 |
Latest Price | $23.7500(-0.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.1% a day on average for past five trading days. |
Weekly Trend | LABD advances 2.6% 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(41%) UUP(20%) VXX(14%) TBT(5%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -2.325% 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 | -2.325% (StdDev 4.65%) |
Hourly BBV | -0.2 () |
Intraday Trend | -0.9% |
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