| LABD latest price $55.4600 (18.13%) ($47.9950 - $57.6100) on Thu. May. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.83% (three month average) |
RSI | 73 |
Latest Price | $55.4600(18.13%) |
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 12.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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(4%) |
Factors Impacting LABD price | LABD will decline at least -4.415% 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 | -4.415% (StdDev 8.83%) |
Hourly BBV | 1.7 () |
Intraday Trend | 14.1% |
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