| LABD latest price $14.3400 (1.06%) ($13.9700 - $14.4300) on Tue. Jul. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.41% (three month average) |
RSI | 48 |
Latest Price | $14.3400(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.7% a day on average for past five trading days. |
Weekly Trend | LABD declines -2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) TBT(35%) VXX(29%) VIXM(23%) UUP(20%) USO(1%) |
Factors Impacting LABD price | LABD will decline at least -2.205% in a week (0% probabilities). IBB(-90%) ARKG(-85%) IWO(-77%) IWM(-75%) IWN(-71%) |
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 | -2.205% (StdDev 4.41%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.3% |
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