| LABU latest price $30.2300 (6.93%) ($28.0700 - $30.3500) on Thu. Apr. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.06% (three month average) |
RSI | 62 |
Latest Price | $30.2300(6.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.2% a day on average for past five trading days. |
Weekly Trend | LABU advances 15.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(90%) ARKG(88%) ARKK(81%) IWO(80%) IPO(73%) |
Factors Impacting LABU price | LABU will decline at least -5.53% in a week (0% probabilities). VXX(-48%) VIXM(-48%) UUP(-21%) TLT(-3%) UNG(1%) |
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 | -5.53% (StdDev 11.06%) |
Hourly BBV | 0.9 () |
Intraday Trend | 6% |
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