| LABD latest price $20.2100 (-2.93%) ($19.9690 - $20.8700) on Tue. Apr. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.28% (three month average) |
RSI | 49 |
Latest Price | $20.2100(-2.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABD declines -3.4% a week on average for past two weeks. |
Market Behavior | Normal 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(28%) TBT(20%) UUP(19%) BNDX(7%) |
Factors Impacting LABD price | LABD will decline at least -2.64% 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 | -2.64% (StdDev 5.28%) |
Hourly BBV | -1.3 () |
Intraday Trend | -2.8% |
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