| LABU latest price $9.4000 (8.8%) ($8.6100 - $9.7100) on Thu. Jul. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.75% (three month average) |
RSI | 81 |
Latest Price | $9.4000(8.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 6.7% a day on average for past five trading days. |
Weekly Trend | LABU advances 22.5% 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(92%) ARKG(91%) ARKK(80%) IWC(78%) IWO(75%) |
Factors Impacting LABU price | LABU will decline at least -5.375% in a week (0% probabilities). UUP(-19%) USO(-16%) EDOC(-12%) XLE(-6%) OIH(-3%) |
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 | -5.375% (StdDev 10.75%) |
Hourly BBV | 1 () |
Intraday Trend | 7.6% |
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