| LABD latest price $25.1100 (-7.65%) ($24.8000 - $27.7500) on Wed. Jul. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.44% (three month average) |
RSI | 50 |
Latest Price | $25.1100(-7.65%) |
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 -0.9% 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(20%) TBT(8%) VXX(8%) UNG(5%) |
Factors Impacting LABD price | LABD will decline at least -5.22% in a week (0% probabilities). IBB(-88%) IWO(-77%) IWC(-76%) 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 | -5.22% (StdDev 10.44%) |
Hourly BBV | -2 () |
Intraday Trend | -5.2% |
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