| LABD latest price $20.8200 (5.95%) ($18.0840 - $20.8800) on Wed. Nov. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.92% (three month average) |
RSI | 47 |
Latest Price | $20.8200(5.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.3% a day on average for past five trading days. |
Weekly Trend | LABD declines -6.8% 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(13%) UUP(12%) TBT(8%) UNG(8%) VXX(8%) |
Factors Impacting LABD price | LABD will decline at least -3.96% in a week (0% probabilities). IBB(-86%) IWO(-76%) IWC(-74%) IWM(-73%) 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 | -3.96% (StdDev 7.92%) |
Hourly BBV | 1.3 () |
Intraday Trend | 6.2% |
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