| LABU latest price $71.8700 (3.14%) ($69.3000 - $71.9600) on Thu. Sep. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.98% (three month average) |
RSI | 67 |
Latest Price | $71.8700(3.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.6% a day on average for past five trading days. |
Weekly Trend | LABU advances 13.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(92%) IBB(91%) ARKK(84%) IWO(83%) IWM(78%) |
Factors Impacting LABU price | LABU will decline at least -2.49% in a week (0% probabilities). VIXM(-62%) VXX(-49%) UUP(-23%) IGOV(-12%) USO(-4%) |
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 | -2.49% (StdDev 4.98%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.9% |
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