| LABD latest price $33.2900 (-11.16%) ($32.5700 - $37.1900) on Wed. Apr. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.77% (three month average) |
RSI | 51 |
Latest Price | $33.2900(-11.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.5% a day on average for past five trading days. |
Weekly Trend | LABD advances 1.2% 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(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 | -1.9 () |
Intraday Trend | -10.5% |
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