| LABD latest price $18.7700 (3.93%) ($18.0000 - $19.1000) on Fri. Jul. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.11% (three month average) |
RSI | 50 |
Latest Price | $18.7700(3.93%) |
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 -3.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based sell-off 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 -2.555% in a week (0% probabilities). IBB(-89%) IWO(-81%) IWM(-76%) IWC(-76%) 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 | -2.555% (StdDev 5.11%) |
Hourly BBV | -0.9 () |
Intraday Trend | 4.2% |
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