| LABD latest price $17.5900 (2.21%) ($17.1200 - $18.0800) on Wed. Mar. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.38% (three month average) |
RSI | 65 |
Latest Price | $17.5900(2.21%) |
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 4% 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(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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.69% (StdDev 5.38%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.7% |
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