LABD Appropriate Investment Position: Bullish-Buy
$S&P Biotech Bear 3X Shares(LABD)$ Appropriate Investment Position: Bullish-Buy
◆ Today's stock price Buy-Sell strength analysis
The current trend appears to be 'Uptrend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing an appropriate HIGH-price to the current trend and a weaker LOW-price Finally, the CLOSE-price closed with a stronger upward rate than the current trend.
The overall buy-and-sell strength indicates that the buy strength is stronger than the sell.
Assuming that the average buy strength is 100%,
Today's buy strength is 131%
◆ Tomorrow's stock price Buy-Sell strength Forecast
Based on recent stock trends and technical analysis, it looks like LABD stock is poised for an Uptrend tomorrow
The %strength of Risk & Return tomorrow :
53%
HIGH ~ LOW % range tomorrow :
3.5%
-0.7%
Predicted Average return over the next 3 days:
4.4%
The price of LABD stock moves in line with the rise and fall of the stock market index with a probability of 39%, and conversely, it moves against the stock market index trend with a probability of 61%
◆ LABD stock price 10 Day forecast [Short-term strategy]
It is expected that the overall trend movement over the next 10 days will follow an ascending rectangle pattern, with a ratio of 4 : 6 for the downward to upward direction, indicating a higher proportion of the upward trend. And, in terms of the expected strength of the upward and downward movements, the upward strength is somewhat higher, while the downward strength is moderate. Currently, it's in the midst of a strong uptrend in prices, marked by brief declines and strong rises. and It's maintaining a suitable Buy-Sell strength for the current trend conditions.
Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate selling timing is predicted to be either today or tomorrow.
◆ Forecast of Upper~Lower price range over the next 10 days
Price:17.25~19.83
% Change:-4.0%~10.3%
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