| LABU latest price $75.4200 (2.11%) ($73.7900 - $76.1980) on Wed. Nov. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.2% (three month average) |
RSI | 62 |
Latest Price | $75.4200(2.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.3% a day on average for past five trading days. |
Weekly Trend | LABU advances 4.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(90%) ARKG(89%) IWO(83%) ARKK(82%) IPO(75%) |
Factors Impacting LABU price | LABU will decline at least -3.1% in a week (0% probabilities). VIXM(-50%) VXX(-46%) UUP(-22%) EDOC(-8%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -3.1% (StdDev 6.2%) |
Hourly BBV | 0.5 () |
Intraday Trend | 2.2% |
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