| LABU latest price $60.4900 (-1.96%) ($59.8500 - $63.2600) on Mon. Nov. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.67% (three month average) |
RSI | 66 |
Latest Price | $60.4900(-1.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABU advances 10% 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 -2.335% in a week (0% probabilities). VIXM(-62%) VXX(-50%) UUP(-23%) USO(-6%) 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 | -2.335% (StdDev 4.67%) |
Hourly BBV | -1.2 () |
Intraday Trend | -3.1% |
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