| LABD latest price $21.3500 (14.6%) ($18.6400 - $21.5300) on Fri. Aug. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.05% (three month average) |
RSI | 64 |
Latest Price | $21.3500(14.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.3% a day on average for past five trading days. |
Weekly Trend | LABD advances 7.3% 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) UUP(22%) VIXM(21%) TBT(10%) VXX(9%) UNG(3%) |
Factors Impacting LABD price | LABD will decline at least -4.525% in a week (0% probabilities). IBB(-88%) IWO(-78%) IWC(-77%) 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 | -4.525% (StdDev 9.05%) |
Hourly BBV | 2.3 () |
Intraday Trend | 14.7% |
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