| LABD latest price $22.4000 (-8.94%) ($22.3150 - $26.1200) on Thu. Mar. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.69% (three month average) |
RSI | 50 |
Latest Price | $22.4000(-8.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.4% a day on average for past five trading days. |
Weekly Trend | LABD declines -0.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(15%) IGOV(5%) TBT(4%) |
Factors Impacting LABD price | LABD will decline at least -3.845% in a week (0% probabilities). IBB(-89%) IWO(-81%) XBI(-76%) 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 | -3.845% (StdDev 7.69%) |
Hourly BBV | 0.2 () |
Intraday Trend | -12.9% |
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