| LABD latest price $21.0300 (4.57%) ($19.7500 - $21.5400) on Mon. Aug. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.94% (three month average) |
RSI | 39 |
Latest Price | $21.0300(4.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 5.7% a day on average for past five trading days. |
Weekly Trend | LABD declines -4% 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) UUP(21%) VIXM(21%) TBT(10%) VXX(8%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -4.47% 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 | -4.47% (StdDev 8.94%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.3% |
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