| LABU latest price $11.9100 (-7.82%) ($11.6500 - $12.8600) on Tue. Aug. 16, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.04% (three month average) |
RSI | 64 |
Latest Price | $11.9100(-7.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.8% a day on average for past five trading days. |
Weekly Trend | LABU advances 18.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) BLOK(99%) PAVE(99%) XLC(99%) SPY(98%) IBB(96%) |
Factors Impacting LABU price | LABU will decline at least -4.52% in a week (0% probabilities). XOP(8%) UUP(-44%) TBT(-16%) USO(-10%) TIP(8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.52% (StdDev 9.04%) |
Hourly BBV | -1.9 () |
Intraday Trend | -7% |
| |
|
|