| LABD latest price $538.4000 (2.05%) ($525.8000 - $542.8000) on Mon. Aug. 20, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 59 |
Latest Price | $538.4000(2.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 2.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally 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 -1.8% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.8% (StdDev 3.6%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
| |
|
|