| LABD latest price $18.7600 (0.7%) ($18.7000 - $19.4800) on Tue. Nov. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.71% (three month average) |
RSI | 47 |
Latest Price | $18.7600(0.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABD declines -11% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) EDOC(69%) VIXM(28%) VXX(23%) BNDX(19%) TBT(7%) |
Factors Impacting LABD price | LABD will decline at least -2.855% in a week (0% probabilities). IBB(-95%) IWO(-83%) IWM(-81%) VYM(-80%) 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 | -2.855% (StdDev 5.71%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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