| LABD latest price $20.7000 (-1.62%) ($20.4090 - $22.4850) on Thu. Jul. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.06% (three month average) |
RSI | 53 |
Latest Price | $20.7000(-1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.4% a day on average for past five trading days. |
Weekly Trend | LABD declines -0.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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 -2.53% 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 | -2.53% (StdDev 5.06%) |
Hourly BBV | 0.3 () |
Intraday Trend | -7.6% |
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