| LABU latest price $70.8000 (-4.97%) ($68.3050 - $75.7800) on Fri. Apr. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.69% (three month average) |
RSI | 48 |
Latest Price | $70.8000(-4.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.6% a day on average for past five trading days. |
Weekly Trend | LABU declines -3.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) ARKG(91%) IBB(89%) ARKK(82%) IWO(82%) IPO(76%) |
Factors Impacting LABU price | LABU will decline at least -3.845% in a week (0% probabilities). VIXM(-55%) VXX(-46%) UUP(-23%) IGOV(-8%) UNG(-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 | -3.845% (StdDev 7.69%) |
Hourly BBV | -1 () |
Intraday Trend | -6.4% |
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