| LABD latest price $17.1100 (-2.45%) ($16.5400 - $17.3200) on Mon. Feb. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.89% (three month average) |
RSI | 74 |
Latest Price | $17.1100(-2.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 3% a day on average for past five trading days. |
Weekly Trend | LABD advances 8.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(32%) UUP(15%) TBT(14%) EDOC(10%) VXX(7%) |
Factors Impacting LABD price | LABD will decline at least -2.945% in a week (0% probabilities). IBB(-86%) IWO(-73%) IWM(-69%) IWC(-69%) IWN(-64%) |
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 | -2.945% (StdDev 5.89%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.9% |
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