| LABU latest price $28.2700 (-6.58%) ($27.3000 - $29.4100) on Wed. Apr. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.03% (three month average) |
RSI | 64 |
Latest Price | $28.2700(-6.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.9% a day on average for past five trading days. |
Weekly Trend | LABU advances 13.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(91%) ARKG(88%) ARKK(81%) IWO(80%) IPO(73%) |
Factors Impacting LABU price | LABU will decline at least -5.515% in a week (0% probabilities). VIXM(-49%) VXX(-48%) UUP(-21%) TLT(-3%) UNG(2%) |
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 | -5.515% (StdDev 11.03%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0% |
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