| LABD latest price $15.4100 (0.26%) ($14.8500 - $15.4500) on Fri. Aug. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 71 |
Latest Price | $15.4100(0.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2% a day on average for past five trading days. |
Weekly Trend | LABD advances 4.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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%) EDOC(21%) UUP(20%) |
Factors Impacting LABD price | LABD will decline at least -1.965% in a week (0% probabilities). IBB(-90%) ARKG(-85%) IWO(-78%) IWM(-75%) IWN(-72%) |
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 | -1.965% (StdDev 3.93%) |
Hourly BBV | 2.2 () |
Intraday Trend | 1.7% |
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