| LABU latest price $102.3000 (-4.59%) ($96.4350 - $109.4780) on Tue. Mar. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.72% (three month average) |
RSI | 42 |
Latest Price | $102.3000(-4.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.7% a day on average for past five trading days. |
Weekly Trend | LABU declines -4.5% a week on average for past two weeks. |
Market Behavior | Value stocks 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) ARKG(91%) IBB(90%) IWO(83%) ARKK(82%) IPO(76%) |
Factors Impacting LABU price | LABU will decline at least -3.36% in a week (0% probabilities). VIXM(-53%) VXX(-47%) UUP(-25%) IGOV(-7%) 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 | -3.36% (StdDev 6.72%) |
Hourly BBV | -1.4 () |
Intraday Trend | -6% |
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