| LABD latest price $29.5000 (9.34%) ($24.7900 - $29.9800) on Mon. Jul. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.57% (three month average) |
RSI | 42 |
Latest Price | $29.5000(9.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.5% a day on average for past five trading days. |
Weekly Trend | LABD declines -14.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(22%) UUP(21%) TBT(8%) VXX(8%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -5.285% 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 | -5.285% (StdDev 10.57%) |
Hourly BBV | 1.8 () |
Intraday Trend | 13% |
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