| LABD latest price $16.0500 (0%) ($15.7100 - $16.4000) on Fri. Aug. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.95% (three month average) |
RSI | 66 |
Latest Price | $16.0500(0%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABD advances 6.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) TBT(33%) VXX(28%) VIXM(22%) UUP(18%) USO(-1%) |
Factors Impacting LABD price | LABD will decline at least -1.975% in a week (0% probabilities). IBB(-90%) ARKG(-85%) IWO(-77%) 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 | -0.7 () |
Intraday Trend | -1.2% |
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