| LABU latest price $53.6800 (1.42%) ($53.1780 - $54.9400) on Tue. Oct. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.83% (three month average) |
RSI | 32 |
Latest Price | $53.6800(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.5% a day on average for past five trading days. |
Weekly Trend | LABU declines -7.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) ARKG(92%) IBB(92%) ARKK(84%) IWO(83%) IPO(78%) |
Factors Impacting LABU price | LABU will decline at least -2.415% in a week (0% probabilities). VIXM(-62%) VXX(-50%) UUP(-23%) USO(-5%) UNG(-5%) |
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 | -2.415% (StdDev 4.83%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.8% |
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