| LABD latest price $24.7400 (8.27%) ($21.2300 - $24.8280) on Fri. Oct. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.84% (three month average) |
RSI | 41 |
Latest Price | $24.7400(8.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.9% a day on average for past five trading days. |
Weekly Trend | LABD declines -1.5% 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(15%) VIXM(15%) TBT(9%) VXX(8%) UNG(6%) |
Factors Impacting LABD price | LABD will decline at least -3.92% in a week (0% probabilities). IBB(-87%) IWO(-78%) IWC(-76%) IWM(-75%) IWN(-70%) |
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 | -3.92% (StdDev 7.84%) |
Hourly BBV | 0.2 () |
Intraday Trend | 11.9% |
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