| LABU latest price $8.6000 (-15.35%) ($8.4300 - $9.5200) on Tue. Sep. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.35% (three month average) |
RSI | 44 |
Latest Price | $8.6000(-15.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.4% a day on average for past five trading days. |
Weekly Trend | LABU declines -1.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -4.175% 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 | |
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Market Trend Strength | -4.175% (StdDev 8.35%) |
Hourly BBV | -1.7 () |
Intraday Trend | -7.6% |
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