| LABU latest price $54.0900 (-4.77%) ($53.8950 - $58.2200) on Fri. Oct. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 30 |
Latest Price | $54.0900(-4.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABU declines -2.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -2.375% in a week (0% probabilities). VIXM(-62%) VXX(-50%) UUP(-23%) USO(-5%) UNG(-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 | -2.375% (StdDev 4.75%) |
Hourly BBV | -0.8 () |
Intraday Trend | -6.7% |
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