| LABD latest price $39.5300 (-0.9%) ($38.3220 - $41.8900) on Wed. Apr. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.66% (three month average) |
RSI | 59 |
Latest Price | $39.5300(-0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.1% a day on average for past five trading days. |
Weekly Trend | LABD advances 9.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(35%) UUP(20%) VXX(10%) TBT(9%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -4.33% in a week (0% probabilities). IBB(-91%) IWO(-79%) IWC(-76%) IWM(-75%) IWN(-69%) |
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 | -4.33% (StdDev 8.66%) |
Hourly BBV | -0.7 () |
Intraday Trend | 1.3% |
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