| LABD latest price $42.4500 (-14.59%) ($42.3200 - $49.4500) on Wed. Mar. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.42% (three month average) |
RSI | 56 |
Latest Price | $42.4500(-14.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 6.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(36%) UUP(21%) VXX(11%) TBT(10%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -4.21% in a week (0% probabilities). IBB(-91%) IWO(-80%) IWM(-76%) IWC(-76%) IBUY(-70%) |
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 | -4.21% (StdDev 8.42%) |
Hourly BBV | -1.8 () |
Intraday Trend | -10.6% |
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