| LABD latest price $34.0700 (9.87%) ($30.3800 - $34.1100) on Wed. Jan. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.48% (three month average) |
RSI | 76 |
Latest Price | $34.0700(9.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.6% a day on average for past five trading days. |
Weekly Trend | LABD advances 16.4% a week on average for past two weeks. |
Market Behavior | Growth 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(40%) UUP(20%) VXX(13%) TBT(7%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -3.24% in a week (0% probabilities). IBB(-91%) IWO(-81%) IWM(-77%) IWC(-77%) IBUY(-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 | -3.24% (StdDev 6.48%) |
Hourly BBV | 1 () |
Intraday Trend | 10.6% |
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