| LABD latest price $16.5100 (-0.84%) ($16.0200 - $16.8300) on Tue. Sep. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.61% (three month average) |
RSI | 47 |
Latest Price | $16.5100(-0.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.5% a day on average for past five trading days. |
Weekly Trend | LABD declines -0.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) TBT(35%) VXX(27%) VIXM(21%) UUP(19%) USO(2%) |
Factors Impacting LABD price | LABD will decline at least -1.805% 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 | -1.805% (StdDev 3.61%) |
Hourly BBV | -0.8 () |
Intraday Trend | -1.4% |
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