| LABD latest price $24.9300 (2.26%) ($23.7200 - $25.3700) on Mon. May. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.48% (three month average) |
RSI | 57 |
Latest Price | $24.9300(2.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.2% a day on average for past five trading days. |
Weekly Trend | LABD declines -1.2% 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(40%) UUP(20%) VXX(14%) TBT(4%) UNG(3%) |
Factors Impacting LABD price | LABD will decline at least -3.74% in a week (0% probabilities). IBB(-89%) IWO(-81%) IWC(-76%) IWM(-75%) XBI(-74%) |
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 | -3.74% (StdDev 7.48%) |
Hourly BBV | 1 () |
Intraday Trend | 4.1% |
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