| LABD latest price $17.2100 (0.64%) ($16.5100 - $17.4300) on Tue. Mar. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.38% (three month average) |
RSI | 63 |
Latest Price | $17.2100(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 3.9% 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(30%) UUP(14%) TBT(11%) BND(9%) BNDX(9%) |
Factors Impacting LABD price | LABD will decline at least -2.69% in a week (0% probabilities). IBB(-86%) IWO(-72%) IWM(-68%) IWC(-68%) IWN(-63%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.69% (StdDev 5.38%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.3% |
| |
|
|