| LABD latest price $25.5100 (3.36%) ($25.0400 - $27.4260) on Thu. May. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.61% (three month average) |
RSI | 56 |
Latest Price | $25.5100(3.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 5.3% a day on average for past five trading days. |
Weekly Trend | LABD advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(40%) UUP(20%) VXX(15%) TBT(4%) UNG(3%) |
Factors Impacting LABD price | LABD will decline at least -3.805% in a week (0% probabilities). IBB(-88%) IWO(-81%) 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 | -3.805% (StdDev 7.61%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
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