| LABD latest price $14.4000 (0.42%) ($14.2600 - $14.6300) on Wed. Jul. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.39% (three month average) |
RSI | 40 |
Latest Price | $14.4000(0.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.9% a day on average for past five trading days. |
Weekly Trend | LABD declines -0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally 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 -2.195% 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 | -2.195% (StdDev 4.39%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.3% |
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