| LABD latest price $14.6700 (4.71%) ($14.0200 - $14.7350) on Thu. Jun. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.24% (three month average) |
RSI | 70 |
Latest Price | $14.6700(4.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 9.2% 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) TBT(35%) VXX(31%) VIXM(25%) UUP(20%) EDOC(10%) |
Factors Impacting LABD price | LABD will decline at least -2.62% in a week (0% probabilities). IBB(-89%) ARKG(-84%) IWO(-75%) IWM(-72%) IWN(-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 | -2.62% (StdDev 5.24%) |
Hourly BBV | 1 () |
Intraday Trend | 3.7% |
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