| LABD latest price $255.8000 (4.07%) ($241.6000 - $257.2000) on Wed. Dec. 11, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.03% (three month average) |
RSI | 25 |
Latest Price | $255.8000(4.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.3% a day on average for past five trading days. |
Weekly Trend | LABD declines -8.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(45%) VXX(23%) UUP(10%) TLT(7%) SHY(1%) |
Factors Impacting LABD price | LABD will decline at least -2.015% in a week (0% probabilities). IBB(-90%) XBI(-84%) IWO(-81%) IWC(-75%) IWM(-74%) |
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 | -2.015% (StdDev 4.03%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.8% |
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