| LABU latest price $17.1300 (8.42%) ($15.5500 - $17.5000) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.23% (three month average) |
RSI | 52 |
Latest Price | $17.1300(8.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 5.1% a day on average for past five trading days. |
Weekly Trend | LABU declines -3.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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 -4.115% in a week (0% probabilities). VIXM(-71%) 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 | -4.115% (StdDev 8.23%) |
Hourly BBV | 1.3 () |
Intraday Trend | 9.7% |
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