| LABD latest price $28.0900 (6.4%) ($26.7500 - $28.1700) on Mon. Oct. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 67 |
Latest Price | $28.0900(6.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 4.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 8.4% a week on average for past two weeks. |
Market Behavior | Value stocks 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) VXX(39%) TBT(36%) VIXM(27%) UUP(13%) USO(8%) |
Factors Impacting LABD price | LABD will decline at least -2.025% in a week (0% probabilities). IBB(-94%) ARKG(-88%) IWO(-85%) IWM(-83%) IWN(-81%) |
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 | -2.025% (StdDev 4.05%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.8% |
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