| LABD latest price $26.8500 (-3.73%) ($26.4000 - $28.2400) on Thu. Oct. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 71 |
Latest Price | $26.8500(-3.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.6% a day on average for past five trading days. |
Weekly Trend | LABD advances 10.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VXX(42%) TBT(37%) VIXM(27%) UUP(14%) USO(8%) |
Factors Impacting LABD price | LABD will decline at least -2.14% in a week (0% probabilities). IBB(-94%) ARKG(-88%) IWO(-86%) 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 | -2.14% (StdDev 4.28%) |
Hourly BBV | -0.3 () |
Intraday Trend | -2.9% |
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