LABD Stock Analysis: Navigating Bullish Trends and Investment Opportunities.
The weekly trend of LABD entered the Bullish zone 15 weeks ago and has been ongoing since. During this period, it has shown a combination of upward and corrective trends, resulting in a cumulative gain of 56.1%. The stock has demonstrated a strong positive momentum within the Bullish zone. What's particularly encouraging is the anticipation of continued upward movement.
Recently, there has been a slight weakening in buying pressure during the ongoing upward trend, indicating a corrective phase for the past 2 weeks. However, starting this week, there is a resurgence in buying strength, suggesting the beginning of another upward trend. This pattern is expected to persist for the next 3 weeks before a corrective phase, followed by another upward trend. The anticipated future gain is around 55%, but this projection might be adjusted based on the evolving trend.
The correlation with the US market is low at 32%, indicating that LABD moves inversely with the market 68% of the time. This makes it an attractive investment, especially during market downturns. Given the expectation for LABD to remain in the Bullish zone for a significant period, it presents a highly favorable long-term investment opportunity.
A crucial turning point will be when LABD enters the Bearish zone. When that happens, I will update the analysis accordingly. If you have any questions, please feel free to leave a comment.
Oct 09, 2023 | |||
◆ Closed price | |||
23.40 | 10.85% |
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◆ Appropriate Investment Position: Bullish-Buy [Long-term strategy] | |||
◆ This week's stock price Buy-Sell intensity 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 an appropriate HIGH-price to the current trend and a weaker LOW-price Finally, the CLOSE-price closed with a suitable upward rate for the current trend. | |||
The overall buy-and-sell intensity indicates that the buy intensity is stronger than the sell. | |||
Assuming that the average buy intensity is 100%, | |||
This week's buy intensity is | 115% | | |
◆ Next week's stock price Buy-Sell intensity Prediction | |||
Based on recent stock trends and technical analysis, it looks like LABD stock is poised for an Uptrend next week | |||
The %intensity of Risk & Return next week : | 74% | ||
HIGH ~ LOW % range next week : | 11.3% | 1.8% | |
Predicted Average return over the next 3 weeks: | 33.6% | ||
The price of LABD stock moves in line with the rise and fall of the stock market index with a probability of | 32% | | |
, and conversely, it moves against the stock market index trend with a probability of | 68% | | |
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◆ LABD stock price 10 Week prediction [Short-term strategy] | |||
It is expected that the overall trend movement over the next 10 weeks will follow a strong upward direction, 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 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 The Buy-Sell intensity has changed from a weak buying flow to a suddenly strengthening buying flow. | |||
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 buying timing is predicted to be this week or next week. | |||
The buying date is | Oct 16 | | |
A good price to buy a stock: | $ 23.83 | ||
And the appropriate selling timing is predicted to be in 3 weeks. | |||
The selling date is | Oct 23 | to | Oct 30 |
A good price to sell a stock: | $ 30.93 | ||
(Prediction may shift due to changes in the Buy-Sell intensity) | |||
◆ Volatility of Prediction | |||
Due to sudden changes in Buy-Sell intensity that can cause instability in trend linkage, pretiming predictions can be highly volatile. | |||
◆ Prediction the turning point of the trend | |||
The probability of a trend reversal occurring approximately 3 weeks from now, 7 weeks from now | 50% | ||
◆ Prediction of Upper~Lower price range over the next 10 weeks | |||
Price: | 21.76 | ~ | 36.23 |
% Change: | -7.0% | ~ | 54.8% |
Median price between the upper and lower prices | 29.00 | 23.9% | |
◆ Analysis of the trend zone & level% and average intensity of trends | |||
For the last 30 weeks, the average trend zone & level% | Bullish | 2% | |
The Current trend zone & level% | Bullish | 49% | |
The expected average trend zone & level% for the next 10 weeks | Bullish | 60% | |
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of | 74% | (Max 100%) | |
And if it moves downward, it is expected to have a downward strength of | -44% | (Min -100%) | |
◆ Prediction the intensity of the trend and the range of the HIGH ~ LOW | |||
Trend | %Intensity | HIGH | LOW |
In 1 week: Uptrend | 74% | 11.3% | 1.8% |
In 2 weeks: Uptrend | 72% | 12.3% | -1.6% |
In 3 weeks: Entering a correction trend | 22% | 9.1% | -1.5% |
In 4 weeks: Correction trend | -49% | 2.4% | -10.0% |
In 5 weeks: Correction trend | -45% | 1.0% | -5.3% |
In 6 weeks: Entering an uptrend | -40% | 0.5% | -4.9% |
In 7 weeks: Entering an uptrend | 100% | 15.3% | 1.4% |
In 8 weeks: Uptrend | 84% | 11.0% | -1.7% |
In 9 weeks: Uptrend | 89% | 14.7% | 0.5% |
In 10 weeks: Entering a correction trend | -41% | 1.8% | -5.4% |
◆ Average closing price in case of rising: | | 11.8% | |
=> HIGH ~ LOW range: | 16.5% | ~ | -5.4% |
◆ Average closing price in case of falling: | | -6.7% | |
=> HIGH ~ LOW range: | 8.6% | ~ | -12.5% |
The 10-week prediction and technical analysis of LABD stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis. |
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