| LABU latest price $9.1500 (12.82%) ($8.1900 - $9.2300) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.65% (three month average) |
RSI | 70 |
Latest Price | $9.1500(12.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.8% a day on average for past five trading days. |
Weekly Trend | LABU advances 8.6% 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(91%) ARKG(90%) ARKK(79%) IWC(79%) IWO(77%) |
Factors Impacting LABU price | LABU will decline at least -5.325% in a week (0% probabilities). UUP(-33%) USO(-10%) UNG(-10%) TLT(-5%) TIP(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -5.325% (StdDev 10.65%) |
Hourly BBV | 0.8 () |
Intraday Trend | 7.6% |
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