| LABD latest price $594.4000 (5.88%) ($546.4000 - $600.8000) on Mon. May. 21, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.32% (three month average) |
RSI | 37 |
Latest Price | $594.4000(5.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABD declines -9.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VXX(19%) VIXM(15%) UUP(13%) TLT(10%) SHY(5%) |
Factors Impacting LABD price | LABD will decline at least -2.66% in a week (0% probabilities). IBB(-91%) XBI(-87%) IWO(-82%) ARKG(-77%) IWM(-75%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.66% (StdDev 5.32%) |
Hourly BBV | 0 () |
Intraday Trend | 8.3% |
| |
|
|