| LABD latest price $79.2900 (24.47%) ($65.0100 - $80.1200) on Mon. May. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.24% (three month average) |
RSI | 79 |
Latest Price | $79.2900(24.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 10.9% a day on average for past five trading days. |
Weekly Trend | LABD advances 16.9% 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(32%) UUP(19%) VXX(9%) TBT(8%) UNG(3%) |
Factors Impacting LABD price | LABD will decline at least -4.62% 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 | -4.62% (StdDev 9.24%) |
Hourly BBV | 1.6 () |
Intraday Trend | 16.8% |
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