| LABD latest price $22.5500 (14.24%) ($19.7900 - $22.5900) on Wed. Mar. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.39% (three month average) |
RSI | 78 |
Latest Price | $22.5500(14.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 5.1% a day on average for past five trading days. |
Weekly Trend | LABD advances 15.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(40%) UUP(21%) VXX(15%) TBT(5%) IGOV(3%) |
Factors Impacting LABD price | LABD will decline at least -3.195% in a week (0% probabilities). IBB(-89%) IWO(-81%) XBI(-77%) 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 | -3.195% (StdDev 6.39%) |
Hourly BBV | 1.7 () |
Intraday Trend | 12.6% |
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