| LABD latest price $19.8900 (-1.73%) ($19.1800 - $20.3400) on Fri. Nov. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.56% (three month average) |
RSI | 52 |
Latest Price | $19.8900(-1.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.6% a day on average for past five trading days. |
Weekly Trend | LABD declines -4.2% a week on average for past two weeks. |
Market Behavior | Value stock 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%) VXX(8%) UNG(7%) TBT(6%) |
Factors Impacting LABD price | LABD will decline at least -3.78% in a week (0% probabilities). IBB(-87%) IWO(-77%) IWC(-75%) IWM(-74%) 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 | -3.78% (StdDev 7.56%) |
Hourly BBV | 0.1 () |
Intraday Trend | 3.1% |
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