| LABD latest price $24.9500 (-4.19%) ($24.8800 - $26.6800) on Tue. Apr. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.78% (three month average) |
RSI | 61 |
Latest Price | $24.9500(-4.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.5% a day on average for past five trading days. |
Weekly Trend | LABD advances 2.6% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(39%) UUP(20%) VXX(15%) IGOV(6%) TBT(4%) |
Factors Impacting LABD price | LABD will decline at least -3.89% in a week (0% probabilities). IBB(-88%) IWO(-80%) IWC(-76%) XBI(-75%) 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 | -3.89% (StdDev 7.78%) |
Hourly BBV | -0.1 () |
Intraday Trend | -3% |
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