| LABD latest price $23.0600 (2.95%) ($22.3800 - $23.3600) on Wed. Oct. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.92% (three month average) |
RSI | 66 |
Latest Price | $23.0600(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.5% a day on average for past five trading days. |
Weekly Trend | LABD advances 7.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(40%) UUP(20%) VXX(14%) TBT(5%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -2.46% in a week (0% probabilities). IBB(-90%) IWO(-81%) IWM(-76%) IWC(-76%) XBI(-72%) |
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 | -2.46% (StdDev 4.92%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.3% |
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