| LABD latest price $24.8600 (15.15%) ($22.1700 - $25.3200) on Wed. Oct. 19, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.91% (three month average) |
RSI | 52 |
Latest Price | $24.8600(15.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 1.1% 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) UUP(15%) VIXM(14%) TBT(9%) VXX(8%) UNG(7%) |
Factors Impacting LABD price | LABD will decline at least -3.955% in a week (0% probabilities). IBB(-87%) IWO(-77%) IWC(-75%) IWM(-74%) IWN(-70%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.955% (StdDev 7.91%) |
Hourly BBV | 2 () |
Intraday Trend | 11.9% |
| |
|
|