| LABU latest price $43.3500 (-2.67%) ($40.6200 - $44.3800) on Thu. May. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.78% (three month average) |
RSI | 54 |
Latest Price | $43.3500(-2.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABU advances 7.7% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(81%) IPO(73%) |
Factors Impacting LABU price | LABU will decline at least -5.89% in a week (0% probabilities). VIXM(-48%) VXX(-47%) UUP(-23%) 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 | -5.89% (StdDev 11.78%) |
Hourly BBV | -0.9 () |
Intraday Trend | 2.5% |
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