| LABD latest price $38.9400 (2.23%) ($37.2900 - $41.4000) on Thu. Jun. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.46% (three month average) |
RSI | 44 |
Latest Price | $38.9400(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.4% a day on average for past five trading days. |
Weekly Trend | LABD declines -21.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(23%) UUP(19%) TBT(8%) VXX(8%) UNG(6%) |
Factors Impacting LABD price | LABD will decline at least -5.23% in a week (0% probabilities). IBB(-89%) IWO(-77%) IWC(-76%) IWM(-73%) 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 | -5.23% (StdDev 10.46%) |
Hourly BBV | 0.6 () |
Intraday Trend | -2.8% |
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