| LABD latest price $521.2000 (4.74%) ($493.0000 - $523.2000) on Fri. Aug. 3, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.83% (three month average) |
RSI | 67 |
Latest Price | $521.2000(4.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.1% a day on average for past five trading days. |
Weekly Trend | LABD advances 7.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VXX(19%) VIXM(14%) UUP(13%) TLT(10%) SHY(5%) |
Factors Impacting LABD price | LABD will decline at least -1.915% in a week (0% probabilities). IBB(-91%) XBI(-87%) IWO(-82%) ARKG(-77%) IWC(-76%) |
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 | -1.915% (StdDev 3.83%) |
Hourly BBV | 0 () |
Intraday Trend | 5.3% |
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