| LABU latest price $12.5400 (9.52%) ($11.6800 - $12.6100) on Wed. Aug. 10, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.54% (three month average) |
RSI | 64 |
Latest Price | $12.5400(9.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 5.9% a day on average for past five trading days. |
Weekly Trend | LABU advances 19.7% 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(89%) ACES(85%) XHB(83%) BLOK(81%) |
Factors Impacting LABU price | LABU will decline at least -4.77% in a week (0% probabilities). UUP(-31%) XOP(-6%) OIH(0%) BNDX(27%) USO(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.77% (StdDev 9.54%) |
Hourly BBV | 0.9 () |
Intraday Trend | 2% |
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