| LABU latest price $8.9100 (12.5%) ($7.8300 - $8.9490) on Wed. Sep. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.7% (three month average) |
RSI | 39 |
Latest Price | $8.9100(12.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.9% a day on average for past five trading days. |
Weekly Trend | LABU declines -7.8% 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) SMH(94%) PCY(93%) IWD(99%) ARKG(94%) IWO(90%) |
Factors Impacting LABU price | LABU will decline at least -4.35% in a week (0% probabilities). UUP(-57%) TBT(-27%) TIP(-7%) BNDX(7%) XLE(21%) |
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 | -4.35% (StdDev 8.7%) |
Hourly BBV | 0.7 () |
Intraday Trend | 13.2% |
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