| LABD latest price $19.5500 (4.16%) ($19.1300 - $20.3000) on Wed. Mar. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.6% (three month average) |
RSI | 65 |
Latest Price | $19.5500(4.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2% a day on average for past five trading days. |
Weekly Trend | LABD advances 9.1% 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(30%) UUP(14%) TBT(10%) BND(9%) BNDX(9%) |
Factors Impacting LABD price | LABD will decline at least -2.8% in a week (0% probabilities). IBB(-86%) IWO(-72%) IWM(-68%) IWC(-68%) IWN(-63%) |
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 | -2.8% (StdDev 5.6%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.7% |
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