| LABD latest price $45.7100 (6.3%) ($41.2400 - $46.0100) on Fri. Jan. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.91% (three month average) |
RSI | 79 |
Latest Price | $45.7100(6.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 4.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 22.9% 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(40%) UUP(21%) VXX(13%) TBT(8%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -3.455% in a week (0% probabilities). IBB(-91%) IWO(-81%) IWM(-77%) IWC(-76%) IBUY(-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 | -3.455% (StdDev 6.91%) |
Hourly BBV | 1.8 () |
Intraday Trend | 3.3% |
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