| LABD latest price $37.1700 (9.81%) ($34.5800 - $37.6200) on Mon. Apr. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.77% (three month average) |
RSI | 56 |
Latest Price | $37.1700(9.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 5.7% a day on average for past five trading days. |
Weekly Trend | LABD declines -2.9% 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(35%) UUP(20%) TBT(10%) VXX(10%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -4.385% in a week (0% probabilities). IBB(-91%) IWO(-79%) IWM(-75%) IWC(-75%) IWN(-68%) |
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 | -4.385% (StdDev 8.77%) |
Hourly BBV | 1.3 () |
Intraday Trend | 5.5% |
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