| LABD latest price $19.7200 (-6.23%) ($19.1300 - $21.4010) on Tue. Aug. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.96% (three month average) |
RSI | 41 |
Latest Price | $19.7200(-6.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.8% a day on average for past five trading days. |
Weekly Trend | LABD advances 1.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -4.48% 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 | -4.48% (StdDev 8.96%) |
Hourly BBV | -2.3 () |
Intraday Trend | -5% |
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