| LABU latest price $5.8900 (-0.67%) ($5.6140 - $6.4400) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.93% (three month average) |
RSI | 39 |
Latest Price | $5.8900(-0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3% a day on average for past five trading days. |
Weekly Trend | LABU declines -20.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth 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(81%) IWC(79%) IWO(79%) |
Factors Impacting LABU price | LABU will decline at least -4.965% in a week (0% probabilities). VIXM(-71%) VXX(-67%) UUP(-20%) USO(-7%) UNG(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -4.965% (StdDev 9.93%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0.3% |
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