| LABU latest price $6.7200 (-10.52%) ($6.5100 - $7.6500) on Tue. Jun. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.61% (three month average) |
RSI | 51 |
Latest Price | $6.7200(-10.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2.8% a day on average for past five trading days. |
Weekly Trend | LABU advances 13.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(92%) ARKG(91%) ARKK(81%) IWC(75%) IPO(74%) |
Factors Impacting LABU price | LABU will decline at least -5.305% in a week (0% probabilities). UUP(-20%) USO(-18%) XLE(-12%) OIH(-9%) XOP(-7%) |
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 | -5.305% (StdDev 10.61%) |
Hourly BBV | -1.5 () |
Intraday Trend | -10.6% |
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