| LABD latest price $53.0100 (3.03%) ($48.5800 - $53.5760) on Wed. Apr. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.86% (three month average) |
RSI | 79 |
Latest Price | $53.0100(3.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 6% a day on average for past five trading days. |
Weekly Trend | LABD advances 19.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -4.43% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.43% (StdDev 8.86%) |
Hourly BBV | 1.3 () |
Intraday Trend | 3.4% |
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