| LABD latest price $19.2500 (-1.79%) ($18.7300 - $19.7400) on Wed. Dec. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.43% (three month average) |
RSI | 51 |
Latest Price | $19.2500(-1.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.6% a day on average for past five trading days. |
Weekly Trend | LABD declines -4.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(11%) UNG(8%) VXX(8%) UUP(3%) TBT(2%) |
Factors Impacting LABD price | LABD will decline at least -3.715% in a week (0% probabilities). IBB(-87%) IWO(-75%) IWC(-72%) IWM(-71%) IWN(-66%) |
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 | -3.715% (StdDev 7.43%) |
Hourly BBV | 0.4 () |
Intraday Trend | -0.4% |
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