| LABD latest price $16.7600 (0.48%) ($16.3950 - $17.0400) on Fri. Sep. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.64% (three month average) |
RSI | 43 |
Latest Price | $16.7600(0.48%) |
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 -2.6% a week on average for past two weeks. |
Market Behavior | Normal 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(33%) VXX(27%) VIXM(20%) UUP(18%) USO(0%) |
Factors Impacting LABD price | LABD will decline at least -1.82% in a week (0% probabilities). IBB(-91%) ARKG(-87%) IWO(-78%) IWM(-77%) IWN(-74%) |
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 | -1.82% (StdDev 3.64%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
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