| LABD latest price $21.4100 (5.36%) ($19.7800 - $21.5100) on Wed. Sep. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.03% (three month average) |
RSI | 63 |
Latest Price | $21.4100(5.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2% a day on average for past five trading days. |
Weekly Trend | LABD advances 1.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock 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 -2.515% in a week (0% probabilities). IBB(-90%) IWO(-81%) IWM(-76%) IWC(-76%) XBI(-72%) |
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 | -2.515% (StdDev 5.03%) |
Hourly BBV | 1.3 () |
Intraday Trend | 7.1% |
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