| LABD latest price $63.7000 (14.86%) ($56.7620 - $64.7000) on Fri. May. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.94% (three month average) |
RSI | 72 |
Latest Price | $63.7000(14.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.4% a day on average for past five trading days. |
Weekly Trend | LABD advances 11.2% a week on average for past two weeks. |
Market Behavior | Growth stock 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(32%) UUP(19%) VXX(10%) TBT(8%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -4.47% in a week (0% probabilities). IBB(-91%) IWO(-79%) IWM(-75%) IWC(-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 | -4.47% (StdDev 8.94%) |
Hourly BBV | 1.6 () |
Intraday Trend | 11.1% |
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