| LABD latest price $28.1000 (10.72%) ($24.1300 - $28.2200) on Wed. Dec. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.46% (three month average) |
RSI | 83 |
Latest Price | $28.1000(10.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 3.6% a day on average for past five trading days. |
Weekly Trend | LABD advances 11.9% 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(39%) UUP(19%) VXX(13%) TBT(6%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -2.23% 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 | -2.23% (StdDev 4.46%) |
Hourly BBV | 1.6 () |
Intraday Trend | 13.5% |
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