| LABU latest price $7.3400 (18.77%) ($6.2400 - $7.3700) on Thu. Jun. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.59% (three month average) |
RSI | 60 |
Latest Price | $7.3400(18.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 9.7% a day on average for past five trading days. |
Weekly Trend | LABU declines -3.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(93%) ARKG(92%) ARKK(82%) IPO(75%) IWC(73%) |
Factors Impacting LABU price | LABU will decline at least -5.295% in a week (0% probabilities). USO(-23%) XLE(-15%) UUP(-12%) OIH(-11%) XOP(-10%) |
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 | -5.295% (StdDev 10.59%) |
Hourly BBV | 2.3 () |
Intraday Trend | 16.1% |
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