| LABD latest price $12.3700 (12.97%) ($11.0560 - $12.4600) on Wed. Dec. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.35% (three month average) |
RSI | 30 |
Latest Price | $12.3700(12.97%) |
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 -12.7% 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(11%) USO(-22%) VXX(47%) VIXM(46%) BNDX(23%) |
Factors Impacting LABD price | LABD will decline at least -3.175% in a week (0% probabilities). IVE(-97%) IBB(-96%) DIA(-90%) IWO(-88%) XAR(-86%) |
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 | -3.175% (StdDev 6.35%) |
Hourly BBV | 2 () |
Intraday Trend | 10.6% |
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