| LABD latest price $471.4000 (-5.64%) ($459.4000 - $498.9200) on Tue. May. 14, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 60 |
Latest Price | $471.4000(-5.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.8% a day on average for past five trading days. |
Weekly Trend | LABD advances 5.4% 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(24%) UUP(9%) TLT(8%) VIXM(8%) IFRA(4%) |
Factors Impacting LABD price | LABD will decline at least -2.87% in a week (0% probabilities). IBB(-90%) XBI(-85%) IWO(-81%) IWC(-75%) ARKG(-75%) |
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 | -2.87% (StdDev 5.74%) |
Hourly BBV | 0 () |
Intraday Trend | -3.3% |
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