| LABD latest price $14.7800 (-1.27%) ($14.4000 - $15.3500) on Mon. Jan. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.43% (three month average) |
RSI | 39 |
Latest Price | $14.7800(-1.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.8% a day on average for past five trading days. |
Weekly Trend | LABD declines -6.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(34%) UUP(16%) TBT(15%) VXX(8%) BND(3%) |
Factors Impacting LABD price | LABD will decline at least -3.215% in a week (0% probabilities). IBB(-86%) IWO(-73%) IWM(-70%) IWC(-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 | -3.215% (StdDev 6.43%) |
Hourly BBV | -1.1 () |
Intraday Trend | -0.6% |
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