| LABD latest price $17.0500 (4.86%) ($15.8600 - $17.3600) on Tue. Apr. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.68% (three month average) |
RSI | 37 |
Latest Price | $17.0500(4.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.6% a day on average for past five trading days. |
Weekly Trend | LABD declines -11.1% 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) VXX(30%) VIXM(26%) TBT(21%) UUP(18%) BNDX(8%) |
Factors Impacting LABD price | LABD will decline at least -2.84% 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 | -2.84% (StdDev 5.68%) |
Hourly BBV | 1.7 () |
Intraday Trend | 4.1% |
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