| LABD latest price $20.1300 (4.41%) ($18.8000 - $20.3400) on Tue. Sep. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 42 |
Latest Price | $20.1300(4.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.9% a day on average for past five trading days. |
Weekly Trend | LABD declines -2.1% 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(40%) UUP(20%) VXX(14%) IGOV(7%) TBT(5%) |
Factors Impacting LABD price | LABD will decline at least -2.39% 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 | -2.39% (StdDev 4.78%) |
Hourly BBV | 2.5 () |
Intraday Trend | 5.5% |
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