Tradr 2X Long ALAB Daily ETF (LABX)
Cboe US
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
Tradr 2X Long ALAB Daily ETF is trading at $6.90, down 26.44% on the session. The 50 day average sits at $11.63 and the 200 day at $11.34, which puts the stock in a uptrend. RSI is at 42.7, which reads as weak, and MACD is bearish crossover. Volume is above average.
The nearest support is around $9.18 with resistance near $12.37, so that band frames the current range. Average daily movement is roughly $1.59, or about 23.0% of the share price, which is what any stop placement has to allow for. The overall health score of 27 out of 100 combines a trend score of 30, momentum of 20 and a risk score of 30.
Technical indicators
About Tradr 2X Long ALAB Daily ETF
Under normal market circumstances, the fund will maintain at least 80% exposure to financial instruments that provide two times leveraged exposure to the daily performance of ALAB. The Advisor attempts to consistently apply leverage to increase the fund’s exposure to 200% of ALAB, and expects to rebalance the fund’s holdings daily to maintain such exposure. The fund is non-diversified.