| LABU latest price $74.8300 (-0.41%) ($74.1100 - $77.6500) on Fri. Apr. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.72% (three month average) |
RSI | 41 |
Latest Price | $74.8300(-0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.1% a day on average for past five trading days. |
Weekly Trend | LABU declines -2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) ARKG(91%) IBB(89%) ARKK(82%) IWO(82%) IPO(76%) |
Factors Impacting LABU price | LABU will decline at least -3.86% in a week (0% probabilities). VIXM(-55%) VXX(-46%) UUP(-23%) IGOV(-9%) 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 | -3.86% (StdDev 7.72%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.5% |
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