| LABU latest price $15.8000 (11.74%) ($13.6000 - $15.8700) on Thu. Mar. 17, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.2% (three month average) |
RSI | 48 |
Latest Price | $15.8000(11.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABU declines -7.9% 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) IBB(95%) ARKG(92%) ARKK(84%) IWO(83%) IPO(79%) |
Factors Impacting LABU price | LABU will decline at least -4.1% in a week (0% probabilities). VIXM(-70%) VXX(-63%) UUP(-28%) TBT(-11%) USO(-8%) |
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 | -4.1% (StdDev 8.2%) |
Hourly BBV | 1.6 () |
Intraday Trend | 13.5% |
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