| LABD latest price $20.3000 (7.46%) ($19.0800 - $20.3400) on Fri. Dec. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.39% (three month average) |
RSI | 53 |
Latest Price | $20.3000(7.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 4.1% a day on average for past five trading days. |
Weekly Trend | LABD declines -1.9% 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(10%) UNG(9%) VXX(8%) TBT(3%) UUP(3%) |
Factors Impacting LABD price | LABD will decline at least -3.695% in a week (0% probabilities). IBB(-87%) IWO(-74%) IWC(-72%) 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 | -3.695% (StdDev 7.39%) |
Hourly BBV | 2.1 () |
Intraday Trend | 5.5% |
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