| LABD latest price $14.5500 (10.48%) ($13.2100 - $14.5800) on Wed. Feb. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.48% (three month average) |
RSI | 42 |
Latest Price | $14.5500(10.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.8% a day on average for past five trading days. |
Weekly Trend | LABD declines -4.5% 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(33%) UUP(16%) TBT(15%) VXX(7%) EDOC(3%) |
Factors Impacting LABD price | LABD will decline at least -3.24% 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 | -3.24% (StdDev 6.48%) |
Hourly BBV | 2.2 () |
Intraday Trend | 9.4% |
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