| LABU latest price $10.1600 (2.32%) ($9.5700 - $10.1900) on Mon. Sep. 12, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.38% (three month average) |
RSI | 55 |
Latest Price | $10.1600(2.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.3% a day on average for past five trading days. |
Weekly Trend | LABU declines -3.2% 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(-22%) UUP(-81%) SDY(89%) SHY(72%) |
Factors Impacting LABU price | LABU will decline at least -4.19% in a week (0% probabilities). BNDX(26%) KWEB(68%) BND(75%) EEM(76%) LQD(80%) |
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 | -4.19% (StdDev 8.38%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1.2% |
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