| LABD latest price $22.0500 (-3.25%) ($21.3800 - $22.5400) on Tue. Oct. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.87% (three month average) |
RSI | 55 |
Latest Price | $22.0500(-3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.3% a day on average for past five trading days. |
Weekly Trend | LABD declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(40%) UUP(20%) VXX(14%) TBT(5%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -2.435% 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 | -2.435% (StdDev 4.87%) |
Hourly BBV | 0.1 () |
Intraday Trend | -1.7% |
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