| LABU latest price $7.5700 (3.13%) ($6.7700 - $7.7500) on Fri. Jun. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.57% (three month average) |
RSI | 57 |
Latest Price | $7.5700(3.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 10.7% a day on average for past five trading days. |
Weekly Trend | LABU advances 2.2% 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(92%) ARKK(82%) IPO(75%) IWC(73%) |
Factors Impacting LABU price | LABU will decline at least -5.285% in a week (0% probabilities). USO(-24%) 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 | -5.285% (StdDev 10.57%) |
Hourly BBV | 1.5 () |
Intraday Trend | -0.9% |
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