pretiming: Daily LABD stock forecast

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Showing posts with label Daily LABD stock forecast. Show all posts
Showing posts with label Daily LABD stock forecast. Show all posts

LABD. Direxion Daily S&P Biotech Bear 3X Shares (LABD) stock for the next 10-Day forecast and technical analysis.

Sep 20, 2023

Closed price

19.59

6.58%

 

 

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 decline 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

204%

 

 

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 :

2.3%

-1.1%

Predicted Average loss over the next 3 days:

-2.9%

The price of LABD stock moves in line with the rise and fall of the stock market index with a probability of

40%

 

, and conversely, it moves against the stock market index trend with a probability of

60%

 

 

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 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 moderate, 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 strength 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 'Neutral' for now. The appropriate selling timing is predicted to be either today or tomorrow.

The selling date is

Sep 21

 

 

A good price to sell a stock:

$ 19.89

The appropriate buying timing is uncertain for now.

 

 

 

 

 

 

(Forecast may change due to changes in the Buy-Sell strength)

Volatility of forecast

Due to sudden changes in Buy-Sell strength that can cause instability in trend linkage, pretiming forecasting can be highly volatile.

Predicting the turning point of the trend

The probability of a trend reversal occurring approximately 2 days from now, 7 days from now

50%

Forecast of Upper~Lower price range over the next 10 days

Price:

19.36

~

20.80

% Change:

-1.2%

~

6.2%

Median price between the upper and lower prices

20.08

2.5%

Analysis of the trend zone & level% and average strength of trends

For the last 30 days, the average trend zone & level%

Bullish

26%

The Current trend zone & level%

Bullish

136%

The expected average trend zone & level% for the next 10 days

Bullish

127%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

28%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-43%

(Min -100%)

Forecasting the strength of the trend and the range of the HIGH ~ LOW

Trend

Strength%

HIGH

LOW

In 1 day: Entering a correction trend

15%

2.3%

-1.1%

In 2 days: Entering a correction trend

-47%

0.5%

-2.7%

In 3 days: Correction trend

-50%

0.5%

-4.3%

In 4 days: Temporary an uptrend

-43%

0.1%

-1.8%

In 5 days: Correction trend

1%

1.6%

-0.2%

In 6 days: Correction trend

-34%

0.1%

-1.0%

In 7 days: Entering an uptrend

0%

4.0%

-0.3%

In 8 days: Uptrend

68%

5.2%

-0.9%

In 9 days: Entering a correction trend

-36%

0.6%

-2.7%

In 10 days: Entering a correction trend

-50%

0.0%

-3.3%

Average closing price in case of rising:

 

3.3%

=> HIGH ~ LOW range:

4.4%

~

-1.6%

Average closing price in case of falling:

 

-2.2%

=> HIGH ~ LOW range:

2.0%

~

-4.1%

The 10-day forecast and technical analysis of LABD stock are conducted based on the analysis of buy-sell strength by the pretiming method. 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.