| LABD latest price $16.1900 (-2.82%) ($15.9900 - $16.7400) on Wed. Feb. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.86% (three month average) |
RSI | 67 |
Latest Price | $16.1900(-2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.3% a day on average for past five trading days. |
Weekly Trend | LABD advances 8.9% 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(32%) UUP(15%) TBT(14%) VXX(7%) BND(5%) |
Factors Impacting LABD price | LABD will decline at least -2.93% in a week (0% probabilities). IBB(-86%) IWO(-72%) IWM(-69%) IWC(-69%) IWN(-64%) |
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 | -2.93% (StdDev 5.86%) |
Hourly BBV | 0.7 () |
Intraday Trend | -2.3% |
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