LABD forecast and technical analysis on SEP18
$S&P Biotech Bear 3X Shares(LABD)$
◆ Appropriate Investment Position: Bullish-Buy [Long-term strategy]
◆ Today's stock price Buy-Sell strength analysis
The current trend appears to be 'Uptrend'. The OPEN-price started with a stronger upward rate than 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 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
174%
◆ Tomorrow's stock price Buy-Sell strength Forecast
Based on recent stock trends and technical analysis, it looks like LABD stock will enter an Correction trend tomorrow
The %strength of Risk & Return tomorrow :
15%
HIGH ~ LOW % range tomorrow :
3.1%
-0.9%
Predicted Average loss over the next 3 days:
-3.4%
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 a sideways box pattern, with a ratio of 6 : 4 for the downward to upward direction, indicating a higher proportion of the downward trend. However, in terms of the expected strength of the upward and downward movements, the downward strength is moderate, while the upward strength is somewhat higher. Currently, it's in the midst of a strong uptrend in prices, marked by brief declines and strong rises. and The Buy-Sell strength has changed from a weak buying flow to a strengthening buying flow again.
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 'Neutral' for now. The appropriate selling timing is predicted to be either today or tomorrow.
The selling date is Sep 18
A good price to sell a stock: $ 18.18
And the appropriate buying timing is predicted to be in 4 days.
The buying date is Sep 20 to Sep 21
A good price to buy a stock: $ 17.11
◆ Predicting the turning point of the trend
The probability of a trend reversal occurring approximately 1 day from now, 5 days from now, 8 days from now
48%
◆ Forecast of Upper~Lower price range over the next 10 days
Price:17.25~18.39
% Change:-3.2%~3.2%
Median price between the upper and lower prices
17.82
0.0%
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