| LABD latest price $20.1100 (5.62%) ($19.2690 - $20.4700) on Fri. Aug. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.92% (three month average) |
RSI | 34 |
Latest Price | $20.1100(5.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 4.3% a day on average for past five trading days. |
Weekly Trend | LABD declines -12.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(22%) UUP(21%) TBT(11%) VXX(8%) UNG(4%) |
Factors Impacting LABD price | LABD will decline at least -4.46% in a week (0% probabilities). IBB(-88%) IWO(-78%) IWC(-76%) IWM(-75%) IWN(-71%) |
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 | -4.46% (StdDev 8.92%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.5% |
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