| LABD latest price $16.6500 (-0.66%) ($16.4200 - $16.9200) on Mon. Sep. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.64% (three month average) |
RSI | 48 |
Latest Price | $16.6500(-0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.6% a day on average for past five trading days. |
Weekly Trend | LABD declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(27%) VIXM(21%) UUP(19%) USO(2%) |
Factors Impacting LABD price | LABD will decline at least -1.82% in a week (0% probabilities). IBB(-91%) ARKG(-87%) IWO(-78%) 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 | -1.82% (StdDev 3.64%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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