| LABD latest price $25.2900 (0.36%) ($25.0200 - $26.0100) on Tue. Jan. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.26% (three month average) |
RSI | 59 |
Latest Price | $25.2900(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 4.7% 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) VIXM(39%) UUP(20%) VXX(16%) TBT(5%) UNG(2%) |
Factors Impacting LABD price | LABD will decline at least -2.63% in a week (0% probabilities). IBB(-89%) IWO(-81%) XBI(-78%) IWC(-76%) IWM(-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 | -2.63% (StdDev 5.26%) |
Hourly BBV | 0.3 () |
Intraday Trend | -1.2% |
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