| LABD latest price $20.8800 (4.98%) ($19.3050 - $21.1750) on Mon. Nov. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.33% (three month average) |
RSI | 46 |
Latest Price | $20.8800(4.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1% a day on average for past five trading days. |
Weekly Trend | LABD declines -1% 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) VIXM(11%) UNG(9%) VXX(8%) UUP(4%) TBT(3%) |
Factors Impacting LABD price | LABD will decline at least -3.665% in a week (0% probabilities). IBB(-87%) IWO(-75%) IWC(-73%) IWM(-71%) IWN(-66%) |
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 | -3.665% (StdDev 7.33%) |
Hourly BBV | 2 () |
Intraday Trend | 3.4% |
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