| LABU latest price $121.8800 (-6.63%) ($120.4900 - $132.6000) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.33% (three month average) |
RSI | 63 |
Latest Price | $121.8800(-6.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABU advances 10.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) ARKG(90%) IBB(90%) IWO(83%) ARKK(82%) IWC(76%) |
Factors Impacting LABU price | LABU will decline at least -2.665% in a week (0% probabilities). VIXM(-51%) VXX(-47%) UUP(-23%) TBT(-2%) UNG(-0%) |
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 | -2.665% (StdDev 5.33%) |
Hourly BBV | -1.4 () |
Intraday Trend | -7.2% |
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