| LABU latest price $16.7200 (-3.46%) ($15.9810 - $17.7450) on Thu. Apr. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.51% (three month average) |
RSI | 51 |
Latest Price | $16.7200(-3.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.2% a day on average for past five trading days. |
Weekly Trend | LABU advances 3.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(95%) ARKG(92%) ARKK(83%) IWO(82%) IPO(77%) |
Factors Impacting LABU price | LABU will decline at least -4.255% in a week (0% probabilities). VIXM(-70%) VXX(-63%) UUP(-24%) TBT(-10%) UNG(-6%) |
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 | -4.255% (StdDev 8.51%) |
Hourly BBV | -0.4 () |
Intraday Trend | -2.1% |
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