| LABD latest price $22.7500 (-2.65%) ($21.6500 - $23.8900) on Thu. Mar. 23, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.61% (three month average) |
RSI | 76 |
Latest Price | $22.7500(-2.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 3.1% a day on average for past five trading days. |
Weekly Trend | LABD advances 11.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VXX(33%) VIXM(28%) UUP(15%) TBT(14%) BNDX(9%) |
Factors Impacting LABD price | LABD will decline at least -2.805% in a week (0% probabilities). IBB(-86%) IWO(-72%) IWM(-69%) IWC(-68%) 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 | -2.805% (StdDev 5.61%) |
Hourly BBV | 1.6 () |
Intraday Trend | -0.1% |
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