| LABD latest price $16.9400 (0.12%) ($16.5200 - $17.4080) on Tue. Aug. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.71% (three month average) |
RSI | 71 |
Latest Price | $16.9400(0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1% a day on average for past five trading days. |
Weekly Trend | LABD advances 4.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) TBT(33%) VXX(30%) VIXM(24%) UUP(19%) EDOC(4%) |
Factors Impacting LABD price | LABD will decline at least -1.855% in a week (0% probabilities). IBB(-91%) ARKG(-86%) IWO(-79%) IWM(-77%) IWN(-74%) |
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 | -1.855% (StdDev 3.71%) |
Hourly BBV | -1.1 () |
Intraday Trend | 0.4% |
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