| LABD latest price $23.7100 (6.42%) ($21.9700 - $23.8300) on Mon. Nov. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.58% (three month average) |
RSI | 78 |
Latest Price | $23.7100(6.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 11.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(39%) UUP(19%) VXX(13%) TBT(6%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -2.29% 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 | -2.29% (StdDev 4.58%) |
Hourly BBV | 1.6 () |
Intraday Trend | 7.9% |
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