| LABD latest price $19.9900 (6.5%) ($18.5300 - $20.1000) on Tue. Jul. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.1% (three month average) |
RSI | 48 |
Latest Price | $19.9900(6.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.8% a day on average for past five trading days. |
Weekly Trend | LABD declines -2.6% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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 -2.55% 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 | -2.55% (StdDev 5.1%) |
Hourly BBV | 1.6 () |
Intraday Trend | 7.1% |
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