Daily S&P Biotech Bull 3X Shares(LABU)

Daily S&P Biotech Bull 3x Shares (LABU) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for LABU · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$253.68last close · Jul 22, 202652-week range $58.35 – $333.00 · 23.82% below the high

LABU Triangle Pattern

LABU is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $232.62 (+29.2%). Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; LABU's own triangles have hit 61.5%.

DirectionBullishTarget$232.62Projected move+29.2%Breakout level$187.80

New to this pattern? What a triangle is and how to trade it →

LABU's Most Recent Triangle Trade

LABU's most recent completed triangle resolved as a win: it broke higher on Jun 16, 2026 near $190.18, then reached its target at $293.84 on Jul 10, 2026 — a 54.5% move (+3.01R) over 16 sessions. Across 38 backtested triangles, this setup wins 52.6% of the time.

OutcomeWinResult+54.5%R+3.01REntry$190.18Exit$293.84

Learn about triangle

How Triangles Have Performed

Win rate

53.5%

Avg return

+0.37R

Backtested trades

17,276

LABU win rate

61.5%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

LABU Pattern Trade History

Every completed pattern trade our nightly backtest found on LABU's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Triangle	Jun 16, 2026 @ $190.18	Jul 10, 2026 @ $293.84	Win	+29.2% · +3.01R
Triangle	May 15, 2026 @ $183.84	Jun 17, 2026 @ $200.41	Loss	+36.8% · -1.30R
Triangle	Feb 3, 2026 @ $171.44	Mar 24, 2026 @ $138.91	Win	+24.6% · +2.26R
Triangle	Jun 27, 2025 @ $57.17	Jul 9, 2025 @ $66.95	Loss	+52.1% · -1.41R
Triangle	Jun 17, 2025 @ $57.44	Jul 9, 2025 @ $66.95	Loss	+52.3% · -1.43R
Falling Wedge	Jan 23, 2025 @ $92.59	Feb 27, 2025 @ $78.16	Loss	+47.1% · -1.02R
Falling Wedge	Nov 6, 2024 @ $141.01	Nov 15, 2024 @ $99.62	Loss	+23.3% · -1.70R
Triangle	Oct 30, 2024 @ $127.74	Nov 12, 2024 @ $131.90	Win	+18.4% · +0.38R
Triangle	Sep 30, 2024 @ $125.34	Dec 19, 2024 @ $86.90	Win	+36.5% · +1.67R
Triangle	Sep 19, 2024 @ $145.63	Nov 15, 2024 @ $99.62	Loss	+40.1% · -1.60R
Bullish Pennant	Jul 9, 2024 @ $116.54	Jul 19, 2024 @ $129.71	Win	+25.1% · +1.10R
Rising Wedge	Feb 7, 2023 @ $168.11	Feb 21, 2023 @ $137.81	Win	+28.2% · +1.52R

Recent Triangles on Other Charts

TDGstopped −5.9%Jul 22, 2026 XLEstopped −4.7%Jul 22, 2026 AONhit target +9.3%Jul 21, 2026 EOGstopped −4.8%Jul 21, 2026

Learn about triangle

LABU Support and Resistance Levels

On the weekly chart, the nearest level worth watching is a floor below near $220.41 — where price has steadied before.

There's no clear ceiling close by yet, so this one line is the main thing to watch — a floor often acts like a cushion.
Watch how price behaves as it approaches $220.41 — that's where the next read tends to form.

LABU Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$261.06	$267.00	$253.00	$253.68
Jul 21, 2026	$248.50	$266.59	$247.80	$266.03
Jul 20, 2026	$268.00	$277.07	$248.57	$249.10
Jul 17, 2026	$242.85	$271.93	$240.25	$265.56
Jul 16, 2026	$271.45	$273.48	$249.00	$254.80
Jul 15, 2026	$267.89	$277.59	$259.28	$277.55
Jul 14, 2026	$275.00	$277.46	$264.00	$274.05
Jul 13, 2026	$280.64	$282.30	$265.00	$272.84
Jul 10, 2026	$320.37	$323.19	$276.76	$293.84
Jul 9, 2026	$318.12	$333.00	$317.60	$324.26

LABU Frequently Asked Questions

What chart pattern is LABU forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a triangle on Daily S&P Biotech Bull 3X Shares (LABU) on the daily chart, with a measured-move target of $232.62.

Is a triangle bullish or bearish?

The triangle detected on LABU is a bullish pattern, projecting a measured-move target of $232.62. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a triangle pattern, and what is its win rate?

Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.

What is the price target if LABU's pattern breaks out?

The detected triangle has a geometry-based measured-move target of $232.62 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was LABU's closing price on Jul 22, 2026?

Daily S&P Biotech Bull 3X Shares (LABU) last closed at $253.68 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.