| LABD latest price $35.3100 (-9.32%) ($35.0000 - $39.5440) on Fri. Jul. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.5% (three month average) |
RSI | 33 |
Latest Price | $35.3100(-9.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.2% a day on average for past five trading days. |
Weekly Trend | LABD declines -24.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(22%) UUP(18%) TBT(9%) VXX(8%) UNG(6%) |
Factors Impacting LABD price | LABD will decline at least -5.25% 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 | -5.25% (StdDev 10.5%) |
Hourly BBV | -2.3 () |
Intraday Trend | -9.3% |
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