| LABU latest price $9.9300 (2.16%) ($9.6600 - $10.2100) on Fri. Sep. 9, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.61% (three month average) |
RSI | 50 |
Latest Price | $9.9300(2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.6% a day on average for past five trading days. |
Weekly Trend | LABU declines -5.8% 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) SPLV(86%) USO(-30%) UUP(-58%) TIP(-1%) TBT(-62%) |
Factors Impacting LABU price | LABU will decline at least -4.305% in a week (0% probabilities). BNDX(2%) CEMB(37%) BND(46%) LQD(47%) KWEB(57%) |
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 | -4.305% (StdDev 8.61%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.4% |
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