| LABD latest price $19.0500 (-5.93%) ($18.8200 - $20.6170) on Tue. Dec. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.23% (three month average) |
RSI | 56 |
Latest Price | $19.0500(-5.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) UNG(9%) VIXM(8%) VXX(8%) ARKK(4%) ARKG(3%) |
Factors Impacting LABD price | LABD will decline at least -3.615% in a week (0% probabilities). IBB(-86%) IWO(-73%) IWC(-72%) IWM(-70%) IWN(-65%) |
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 | -3.615% (StdDev 7.23%) |
Hourly BBV | -1.5 () |
Intraday Trend | -7.4% |
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