| LABD latest price $15.3700 (3.29%) ($14.7650 - $15.3900) on Thu. Aug. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 63 |
Latest Price | $15.3700(3.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABD advances 3.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) TBT(35%) VXX(30%) VIXM(23%) UUP(20%) USO(-1%) |
Factors Impacting LABD price | LABD will decline at least -1.975% in a week (0% probabilities). IBB(-90%) ARKG(-85%) IWO(-78%) IWM(-75%) IWN(-72%) |
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 | -1.975% (StdDev 3.95%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.5% |
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