| LABD latest price $19.5600 (-4.02%) ($19.0200 - $20.8700) on Thu. Sep. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.38% (three month average) |
RSI | 57 |
Latest Price | $19.5600(-4.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.5% a day on average for past five trading days. |
Weekly Trend | LABD declines -4.6% 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(19%) TBT(11%) VXX(9%) UNG(3%) |
Factors Impacting LABD price | LABD will decline at least -4.19% in a week (0% probabilities). IBB(-88%) IWO(-78%) IWC(-77%) IWM(-76%) 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 | -4.19% (StdDev 8.38%) |
Hourly BBV | -1.2 () |
Intraday Trend | -5.4% |
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