| LABD latest price $20.5600 (-0.58%) ($20.3100 - $21.4300) on Mon. Mar. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 69 |
Latest Price | $20.5600(-0.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.9% 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 | 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) VXX(31%) VIXM(27%) UUP(16%) TBT(14%) BND(6%) |
Factors Impacting LABD price | LABD will decline at least -2.775% in a week (0% probabilities). IBB(-86%) IWO(-70%) IWM(-67%) IWC(-66%) IWN(-62%) |
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 | -2.775% (StdDev 5.55%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.1% |
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