| LABD latest price $43.7200 (-6.14%) ($43.2300 - $47.9500) on Mon. Apr. 25, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.78% (three month average) |
RSI | 77 |
Latest Price | $43.7200(-6.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 17% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(34%) UUP(20%) VXX(10%) TBT(8%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -4.39% in a week (0% probabilities). IBB(-91%) IWO(-79%) IWC(-76%) IWM(-75%) IWN(-68%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.39% (StdDev 8.78%) |
Hourly BBV | -0 () |
Intraday Trend | -8.7% |
| |
|
|