| LABD latest price $17.8200 (4.45%) ($17.0000 - $18.0500) on Fri. Sep. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 58 |
Latest Price | $17.8200(4.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.3% a day on average for past five trading days. |
Weekly Trend | LABD advances 1.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) TBT(34%) VXX(27%) VIXM(21%) EDOC(18%) UUP(18%) |
Factors Impacting LABD price | LABD will decline at least -1.76% in a week (0% probabilities). IBB(-91%) ARKG(-87%) IWO(-78%) IWM(-76%) 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 | -1.76% (StdDev 3.52%) |
Hourly BBV | 1.8 () |
Intraday Trend | 3.7% |
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