| LABD latest price $20.8400 (3.48%) ($19.6900 - $20.8490) on Fri. Sep. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.58% (three month average) |
RSI | 91 |
Latest Price | $20.8400(3.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 3.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 10.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) TBT(35%) VXX(27%) VIXM(22%) UUP(18%) USO(1%) |
Factors Impacting LABD price | LABD will decline at least -1.79% in a week (0% probabilities). IBB(-92%) ARKG(-87%) IWO(-78%) IWM(-76%) 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 | -1.79% (StdDev 3.58%) |
Hourly BBV | 0.9 () |
Intraday Trend | 4.4% |
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