| LABU latest price $15.4200 (-9.98%) ($15.1500 - $17.0400) on Mon. Mar. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.36% (three month average) |
RSI | 49 |
Latest Price | $15.4200(-9.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 5% a day on average for past five trading days. |
Weekly Trend | LABU advances 1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(94%) ARKG(92%) ARKK(83%) IWO(83%) IPO(78%) |
Factors Impacting LABU price | LABU will decline at least -4.18% in a week (0% probabilities). VIXM(-70%) VXX(-63%) UUP(-25%) TBT(-12%) USO(-3%) |
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 | -4.18% (StdDev 8.36%) |
Hourly BBV | -0.8 () |
Intraday Trend | -9.3% |
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