Decline depth
-24.4%
From rolling 252-day high of $212.45, 31d ago.
Past the 20% Watch threshold.
Watch
LABUDirexion Daily S&P Biotech Bull 3X ETF
-24.4%
from rolling 252-day high of $212.45 set 2026-04-17 · 31d ago
Current
$160.62
Decline depth
-24.4%
Decline σ
5.1σ
TFC
0/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$LABU landed on the list 2026-05-18, down 24.4% from its 52-week high that day — now down -24.4%.
That's 1.8 percentage points deeper than the day it joined.
Decline from the 52-week high as it stood on 2026-05-18 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
LABU qualifies for the Watch on decline depth.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
5.1σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (4.91% per day).
Past the ≥4σ Watch threshold.
The structural read
What price action says about LABU.
LABU qualifies for the Watch on decline depth — down -24.4% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 5.1σ over 20 bars.
52-week range
52W low $133.96
34.0% of range
52W high $212.45
Related — same sector
Closest decliners to LABU
Questions about LABU
What people ask.
Why is LABU on Broken Stocks?
LABU qualifies for the Watch on decline depth. It is down -24.4% from its rolling 252-day high of $212.45, set on 2026-04-17 — 31d ago.
Is LABU a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. LABU is down -24.4% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is LABU a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is LABU trading inside its 52-week range?
At $160.62, LABU sits 34.0% of the way from its 52-week low ($133.96) to its 52-week high ($212.45). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has LABU been declining?
The current 24.4% decline accrued over 31d, which annualizes to roughly -287.3% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.