| LABD latest price $23.9000 (-4.63%) ($23.8200 - $26.2730) on Tue. Aug. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.49% (three month average) |
RSI | 58 |
Latest Price | $23.9000(-4.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.3% a day on average for past five trading days. |
Weekly Trend | LABD declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based 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 -2.245% in a week (0% probabilities). IBB(-89%) IWO(-81%) IWC(-77%) IWM(-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 | -2.245% (StdDev 4.49%) |
Hourly BBV | -0.1 () |
Intraday Trend | -6.7% |
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