| LABD latest price $26.9800 (-3.85%) ($26.6300 - $29.7000) on Fri. Jul. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.65% (three month average) |
RSI | 38 |
Latest Price | $26.9800(-3.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.1% a day on average for past five trading days. |
Weekly Trend | LABD declines -14.3% 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(21%) VXX(8%) TBT(7%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -5.325% in a week (0% probabilities). IBB(-88%) IWO(-77%) IWC(-77%) IWM(-74%) 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 | -5.325% (StdDev 10.65%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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