| LABD latest price $19.0400 (2.2%) ($18.6190 - $20.0350) on Thu. Aug. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.89% (three month average) |
RSI | 36 |
Latest Price | $19.0400(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.9% a day on average for past five trading days. |
Weekly Trend | LABD declines -17.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(22%) UUP(21%) TBT(11%) VXX(8%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -4.445% in a week (0% probabilities). IBB(-88%) IWO(-78%) IWC(-77%) IWM(-75%) IWN(-71%) |
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 | -4.445% (StdDev 8.89%) |
Hourly BBV | 0.7 () |
Intraday Trend | 2% |
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