| LABU latest price $42.3300 (0.57%) ($41.6200 - $44.1000) on Thu. May. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.59% (three month average) |
RSI | 62 |
Latest Price | $42.3300(0.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2.8% a day on average for past five trading days. |
Weekly Trend | LABU advances 3.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock rally 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 -5.795% in a week (0% probabilities). VIXM(-48%) VXX(-47%) UUP(-22%) TLT(-2%) XLC(0%) |
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 | -5.795% (StdDev 11.59%) |
Hourly BBV | 0.3 () |
Intraday Trend | -3.3% |
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