| LABD latest price $25.3800 (-3.5%) ($25.1600 - $27.9600) on Tue. Nov. 30, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.32% (three month average) |
RSI | 82 |
Latest Price | $25.3800(-3.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.4% a day on average for past five trading days. |
Weekly Trend | LABD advances 10.8% 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(39%) UUP(19%) VXX(13%) TBT(6%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -2.16% 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 | -2.16% (StdDev 4.32%) |
Hourly BBV | 0.2 () |
Intraday Trend | -5.8% |
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