| LABD latest price $12.4800 (0%) ($12.2600 - $12.9800) on Tue. Jun. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 35 |
Latest Price | $12.4800(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.1% a day on average for past five trading days. |
Weekly Trend | LABD declines -6.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) TBT(33%) VXX(29%) VIXM(25%) UUP(20%) EDOC(9%) |
Factors Impacting LABD price | LABD will decline at least -2.675% in a week (0% probabilities). IBB(-88%) IWO(-75%) IWM(-73%) IWN(-68%) IWC(-67%) |
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 | -2.675% (StdDev 5.35%) |
Hourly BBV | 0.4 () |
Intraday Trend | -1.4% |
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