| LABD latest price $22.5400 (3.25%) ($21.3000 - $22.7700) on Mon. Nov. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.35% (three month average) |
RSI | 54 |
Latest Price | $22.5400(3.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.3% a day on average for past five trading days. |
Weekly Trend | LABD declines -5.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(12%) UUP(10%) UNG(9%) VXX(8%) TBT(7%) |
Factors Impacting LABD price | LABD will decline at least -3.675% in a week (0% probabilities). IBB(-87%) IWO(-76%) IWC(-74%) IWM(-73%) IWN(-68%) |
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 | -3.675% (StdDev 7.35%) |
Hourly BBV | 0.5 () |
Intraday Trend | 3.2% |
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