| LABU latest price $81.1200 (-3.82%) ($78.1200 - $86.1480) on Thu. Apr. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.8% (three month average) |
RSI | 64 |
Latest Price | $81.1200(-3.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.5% a day on average for past five trading days. |
Weekly Trend | LABU advances 9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock sell-off 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 -3.9% in a week (0% probabilities). VIXM(-55%) VXX(-46%) 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 | -3.9% (StdDev 7.8%) |
Hourly BBV | -1.1 () |
Intraday Trend | -5.5% |
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