| LABD latest price $22.4900 (-1.14%) ($22.1600 - $24.0200) on Fri. Mar. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.56% (three month average) |
RSI | 73 |
Latest Price | $22.4900(-1.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 9.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VXX(32%) VIXM(28%) TBT(15%) UUP(15%) BNDX(9%) |
Factors Impacting LABD price | LABD will decline at least -2.78% in a week (0% probabilities). IBB(-86%) IWO(-72%) IWM(-68%) 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 | -2.78% (StdDev 5.56%) |
Hourly BBV | -0.2 () |
Intraday Trend | -3.2% |
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