| LABD latest price $26.0900 (6.45%) ($24.4100 - $26.2710) on Thu. Oct. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 70 |
Latest Price | $26.0900(6.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.4% a day on average for past five trading days. |
Weekly Trend | LABD advances 4.4% 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(40%) VXX(32%) VIXM(25%) UUP(17%) EDOC(7%) |
Factors Impacting LABD price | LABD will decline at least -2.02% in a week (0% probabilities). IBB(-93%) ARKG(-88%) IWO(-84%) IWM(-83%) IWN(-80%) |
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 | -2.02% (StdDev 4.04%) |
Hourly BBV | 1.4 () |
Intraday Trend | 6.5% |
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