| LABU latest price $55.0000 (9.41%) ($50.3000 - $55.1680) on Thu. Oct. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.62% (three month average) |
RSI | 58 |
Latest Price | $55.0000(9.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.9% a day on average for past five trading days. |
Weekly Trend | LABU declines -1% a week on average for past two weeks. |
Market Behavior | Broad based 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(92%) IBB(92%) ARKK(84%) IWO(83%) IPO(78%) |
Factors Impacting LABU price | LABU will decline at least -2.31% in a week (0% probabilities). VIXM(-62%) VXX(-50%) UUP(-23%) USO(-5%) UNG(-5%) |
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 | -2.31% (StdDev 4.62%) |
Hourly BBV | 1.7 () |
Intraday Trend | 7.7% |
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