| LABD latest price $403.6000 (6.55%) ($381.2000 - $412.2000) on Fri. Aug. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.05% (three month average) |
RSI | 58 |
Latest Price | $403.6000(6.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(46%) VXX(24%) UUP(9%) TLT(8%) IFRA(5%) |
Factors Impacting LABD price | LABD will decline at least -2.525% in a week (0% probabilities). IBB(-90%) XBI(-85%) IWO(-82%) 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 | -2.525% (StdDev 5.05%) |
Hourly BBV | 0 () |
Intraday Trend | 5.9% |
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