| LABU latest price $17.0100 (10.31%) ($15.3800 - $17.2200) on Tue. Mar. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.49% (three month average) |
RSI | 53 |
Latest Price | $17.0100(10.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 6.2% a day on average for past five trading days. |
Weekly Trend | LABU advances 6.5% 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(94%) ARKG(92%) ARKK(83%) IWO(83%) IPO(78%) |
Factors Impacting LABU price | LABU will decline at least -4.245% 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 | -4.245% (StdDev 8.49%) |
Hourly BBV | 1.1 () |
Intraday Trend | 8.3% |
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