| LABU latest price $35.7800 (2.82%) ($33.3500 - $37.1000) on Mon. Dec. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.29% (three month average) |
RSI | 37 |
Latest Price | $35.7800(2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABU declines -7.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(94%) ARKG(93%) ARKK(85%) IWO(84%) IPO(79%) |
Factors Impacting LABU price | LABU will decline at least -2.645% in a week (0% probabilities). VIXM(-64%) VXX(-55%) UUP(-23%) USO(-8%) UNG(-7%) |
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 | -2.645% (StdDev 5.29%) |
Hourly BBV | -0.4 () |
Intraday Trend | 1.5% |
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