
NYSEARCA:LABD • US25461H8530
Taking everything into account, LABD scores 1 out of 10 in our technical rating. LABD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
LABD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
17.59
We found 2 important support areas.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LABD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LABD is neutral. |
| ChartMill Relative Strength | 6.2 | NEGATIVE | LABD has a low relative strength, it was outperformed by 93.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LABD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LABD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LABD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.59 | NEUTRAL | The RSI value for LABD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests LABD has a positive trend. |
| Stochastics (14,3) | 53.88 | NEUTRAL | The Stochastics value for LABD is a neutral value. |
| Average True Range in percent/ATR (20) | 7.79 | HIGH VOLATILITY | The high ATR as a percentage value for LABD suggests high volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for LABD suggests a weak or negative trend. |
19.6
+0.69 (+3.65%)
ChartMill assigns a technical rating of 1 / 10 to LABD.
The current trend direction for DRX DLY S&P BIOTECH BEAR 3X (LABD) is Bearish.
DRX DLY S&P BIOTECH BEAR 3X (LABD) has an RSI value of 51.5852. This indicates that the stock is currently neutral.
The short term momentum for DRX DLY S&P BIOTECH BEAR 3X (LABD) is neutral.