| LABD latest price $36.2500 (7.25%) ($33.6900 - $36.5000) on Fri. Mar. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.59% (three month average) |
RSI | 40 |
Latest Price | $36.2500(7.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.2% a day on average for past five trading days. |
Weekly Trend | LABD declines -11.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(36%) UUP(20%) VXX(11%) TBT(10%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -4.295% in a week (0% probabilities). IBB(-91%) IWO(-80%) IWC(-76%) IWM(-75%) IBUY(-70%) |
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 | -4.295% (StdDev 8.59%) |
Hourly BBV | 1.2 () |
Intraday Trend | 7.4% |
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