| LABD latest price $66.4000 (7.79%) ($61.2000 - $66.6000) on Tue. Jul. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.26% (three month average) |
RSI | 57 |
Latest Price | $66.4000(7.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.7% a day on average for past five trading days. |
Weekly Trend | LABD declines -0.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(37%) UUP(20%) VXX(16%) TBT(4%) IYT(3%) |
Factors Impacting LABD price | LABD will decline at least -3.13% in a week (0% probabilities). IBB(-89%) IWO(-81%) XBI(-80%) IWC(-74%) IWM(-73%) |
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 | -3.13% (StdDev 6.26%) |
Hourly BBV | 0.3 () |
Intraday Trend | 7.1% |
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