LABD stock forecast and technical analysis（SEP6-SEP15）
$S&P Biotech Bear 3X Shares(LABD)$ Appropriate Investment Position: Bearish-Sell
◆ Today's stock price Buy-Sell strength analysis
The current trend appears to be 'Rebound trend'. The OPEN-price started with a suitable decline rate for the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a weaker decline 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
101%
◆ Tomorrow's stock price Buy-Sell strength Forecast
Based on recent stock trends and technical analysis, it looks like LABD stock will enter a Downtrend tomorrow
The %strength of Risk & Return tomorrow :
40%
HIGH ~ LOW % range tomorrow :
3.6%
-0.3%
Predicted Average return over the next 3 days:
8.1%
The price of LABD stock moves in line with the rise and fall of the stock market index with a probability of
38%
, and conversely, it moves against the stock market index trend with a probability of
62%
◆ 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 5 : 5 for the downward to upward direction, with the proportion of the upward and downward trend being equal. 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 rebound trend in an upward-trending market with a box pattern of price fluctuations, marked by small declines and upward fluctuations. and It's maintaining a suitable Buy-Sell strength for the current trend conditions.
Indicating that [Bearish] We are currently in a bearish zone so far. But It is likely to change to a bullish 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:15.40~17.60
% Change:-4.0%~9.7%
Median price between the upper and lower prices
16.50
2.9%
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