| LABU latest price $83.1600 (11.13%) ($74.8200 - $83.5280) on Mon. Apr. 26, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.81% (three month average) |
RSI | 54 |
Latest Price | $83.1600(11.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 4.8% a day on average for past five trading days. |
Weekly Trend | LABU advances 2.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally 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 -3.905% in a week (0% probabilities). VIXM(-56%) VXX(-47%) UUP(-23%) UNG(-2%) TLT(-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 | -3.905% (StdDev 7.81%) |
Hourly BBV | 1.8 () |
Intraday Trend | 10.4% |
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