| LABD latest price $26.2800 (-6.48%) ($26.0200 - $28.8700) on Thu. Dec. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.52% (three month average) |
RSI | 75 |
Latest Price | $26.2800(-6.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.5% a day on average for past five trading days. |
Weekly Trend | LABD advances 12.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -2.26% 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 | -2.26% (StdDev 4.52%) |
Hourly BBV | -0.1 () |
Intraday Trend | -6.2% |
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