| LABD latest price $24.5100 (7.59%) ($23.1000 - $24.7800) on Wed. Oct. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.99% (three month average) |
RSI | 69 |
Latest Price | $24.5100(7.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.3% a day on average for past five trading days. |
Weekly Trend | LABD advances 4.1% 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(37%) VXX(32%) VIXM(25%) UUP(16%) USO(6%) |
Factors Impacting LABD price | LABD will decline at least -1.995% in a week (0% probabilities). IBB(-93%) ARKG(-88%) IWO(-84%) IWM(-82%) IWN(-80%) |
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 | -1.995% (StdDev 3.99%) |
Hourly BBV | 1.8 () |
Intraday Trend | 5.9% |
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