| LABU latest price $6.7100 (14.51%) ($5.6800 - $6.7300) on Tue. Jun. 7, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.23% (three month average) |
RSI | 51 |
Latest Price | $6.7100(14.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2.9% a day on average for past five trading days. |
Weekly Trend | LABU declines -0.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(93%) ARKG(90%) ARKK(79%) IWC(76%) IWO(74%) |
Factors Impacting LABU price | LABU will decline at least -5.115% in a week (0% probabilities). VXX(-82%) VIXM(-73%) UUP(-22%) TBT(-17%) USO(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -5.115% (StdDev 10.23%) |
Hourly BBV | 1.8 () |
Intraday Trend | 17.9% |
| |
|
|