| LABD latest price $50.3400 (-12.39%) ($50.0800 - $58.1200) on Mon. May. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.65% (three month average) |
RSI | 67 |
Latest Price | $50.3400(-12.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.6% a day on average for past five trading days. |
Weekly Trend | LABD advances 20% 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(33%) UUP(19%) VXX(10%) TBT(8%) UNG(3%) |
Factors Impacting LABD price | LABD will decline at least -4.325% 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 | -4.325% (StdDev 8.65%) |
Hourly BBV | -0.8 () |
Intraday Trend | -13% |
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