| LABD latest price $15.1100 (4.93%) ($14.2000 - $15.2800) on Thu. Jul. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.43% (three month average) |
RSI | 47 |
Latest Price | $15.1100(4.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.9% a day on average for past five trading days. |
Weekly Trend | LABD advances 1.5% 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) TBT(35%) VXX(30%) VIXM(24%) UUP(20%) EDOC(13%) |
Factors Impacting LABD price | LABD will decline at least -2.215% in a week (0% probabilities). IBB(-90%) ARKG(-85%) IWO(-77%) IWM(-74%) IWN(-70%) |
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 | -2.215% (StdDev 4.43%) |
Hourly BBV | 2.3 () |
Intraday Trend | 6.1% |
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