LABD stock for the next 10-Day forecast and technical analysis
$S&P Biotech Bear 3X Shares(LABD)$ Appropriate Investment Position: Bullish-Buy
◆ Today's stock price Buy-Sell strength analysis
The current trend appears to be 'Correction trend'. 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 an appropriate LOW-price compared to the current trend. Finally, the CLOSE-price closed with a stronger decline rate than the current trend.
The overall buy-sell strength indicates that the sell strength is stronger than the buy.
Assuming that the average sell strength is -100%,
Today's sell strength is-143%
◆ 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 :
100%
HIGH ~ LOW % range tomorrow :
5.0%
0.1%
Predicted Average return over the next 3 days:
14.6%
The price of LABD stock moves in line with the rise and fall of the stock market index with a probability of 37%, and conversely, it moves against the stock market index trend with a probability of 63%
◆ LABD stock price 10 Day forecast [Short-term strategy]
It is expected that the overall trend movement over the next 10 days will follow a strong upward direction, with a ratio of 2 : 8 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 higher, while the downward strength is moderate. Currently, it's in the midst of a correction trend in a downward-trending market with a box pattern of price fluctuations, marked by small increases and downward fluctuations. and It's maintaining a suitable Buy-Sell strength for the current trend conditions.
Indicating that We are currently in a bullish zone so far. But It is likely to change to a bearish zone within a few days. A suitable investing position is 'Buy(Bullish) and Hold' for now. The appropriate buying timing is predicted to be either today or tomorrow.
◆ Forecast of Upper~Lower price range over the next 10 days
Price:16.26~19.74
% Change:-3.0%~17.8%
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