| LABD latest price $24.2000 (-0.21%) ($23.4200 - $24.4200) on Fri. Jun. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.84% (three month average) |
RSI | 49 |
Latest Price | $24.2000(-0.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.8% a day on average for past five trading days. |
Weekly Trend | LABD declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(41%) UUP(20%) VXX(14%) TBT(4%) UNG(3%) |
Factors Impacting LABD price | LABD will decline at least -3.42% 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 | -3.42% (StdDev 6.84%) |
Hourly BBV | 0.1 () |
Intraday Trend | 1.2% |
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