| LABU latest price $8.3700 (-4.89%) ($8.0200 - $8.7200) on Fri. Jul. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.34% (three month average) |
RSI | 52 |
Latest Price | $8.3700(-4.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.2% a day on average for past five trading days. |
Weekly Trend | LABU declines -1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(92%) ARKG(89%) ARKK(78%) IWC(78%) QQQ(76%) |
Factors Impacting LABU price | LABU will decline at least -5.17% in a week (0% probabilities). UUP(-25%) USO(-9%) XLE(-5%) TLT(-3%) TIP(-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 | -5.17% (StdDev 10.34%) |
Hourly BBV | -0.9 () |
Intraday Trend | -3.3% |
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