| LABD latest price $27.2000 (12.3%) ($24.0900 - $27.3000) on Thu. Dec. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.35% (three month average) |
RSI | 65 |
Latest Price | $27.2000(12.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 8.2% 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(20%) VXX(13%) TBT(6%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -2.675% in a week (0% probabilities). IBB(-91%) IWO(-81%) IWM(-76%) IWC(-76%) XBI(-71%) |
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 | -2.675% (StdDev 5.35%) |
Hourly BBV | 2.4 () |
Intraday Trend | 11% |
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