| LABD latest price $25.5200 (-12.96%) ($25.4100 - $30.8900) on Wed. Dec. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 59 |
Latest Price | $25.5200(-12.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1% a day on average for past five trading days. |
Weekly Trend | LABD advances 3.7% 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(20%) VXX(13%) TBT(7%) UNG(6%) |
Factors Impacting LABD price | LABD will decline at least -2.83% 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 | -2.83% (StdDev 5.66%) |
Hourly BBV | -2.2 () |
Intraday Trend | -12.4% |
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