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 Aug 14, 2026. The chart above is live; the read below updates daily.

$276.54last close · Aug 14, 202652-week range $65.82 – $333.00 · 16.95% below the high

LABU Triangle Pattern

LABU is currently forming a triangle on the daily timeframe. Detected Aug 14, 2026.

A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $224.39 (+27.1%). Across 13,389 backtested triangles, the setup followed through 51.1% of the time, averaging +0.16R; LABU's own triangles have hit 61.5%.

DirectionBullishTarget$224.39Projected move+27.1%Breakout level$182.84

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

LABU's Most Recent Bullish Pennant Trade

LABU's most recent completed bullish pennant resolved as a win: it broke higher on Jun 17, 2026 near $193.85, then reached its target at $293.84 on Jul 10, 2026 — a +2.62R move (51.6%) over 15 sessions. Across 47 backtested bullish pennants, this setup wins 51.1% of the time.

OutcomeWinResult+2.62REntry$193.85Exit$293.84

Learn about bullish pennant

How Triangles Have Performed

Win rate
51.1%
Avg return
+0.16R
Backtested trades
13,389
LABU win rate
61.5%

Historical pattern statistics (2006-08-14 – 2026-08-14), 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.

PatternEntryExitOutcomeResult
Bullish PennantJun 17, 2026 @ $193.85Jul 10, 2026 @ $293.84Win+2.62R
TriangleJun 15, 2026 @ $184.66Jul 10, 2026 @ $293.84Win+3.77R
TriangleMay 15, 2026 @ $183.84Jun 17, 2026 @ $200.41Loss-1.30R
Falling WedgeMar 13, 2026 @ $147.89Apr 9, 2026 @ $182.22Loss-1.14R
Bullish PennantFeb 18, 2026 @ $166.70Mar 18, 2026 @ $146.14Loss-1.07R
Rising WedgeFeb 4, 2026 @ $171.76Apr 14, 2026 @ $197.82Loss-1.85R
Rising WedgeSep 29, 2025 @ $88.75Oct 22, 2025 @ $113.11Win+1.77R
TriangleJun 27, 2025 @ $57.17Jul 9, 2025 @ $66.95Loss-1.41R
TriangleFeb 28, 2025 @ $76.44Mar 31, 2025 @ $59.24Win+0.80R
Falling WedgeJan 27, 2025 @ $95.70Feb 27, 2025 @ $78.16Loss-1.02R
TriangleNov 4, 2024 @ $127.07Nov 12, 2024 @ $131.90Win+0.47R
Bullish PennantOct 30, 2024 @ $128.56Nov 14, 2024 @ $118.16Loss-1.08R

Recent Triangles on Other Charts

XOPstopped −6.5%Aug 14, 2026VNQstopped −2.7%Aug 11, 2026APAstopped −13.1%Aug 10, 2026CVNAstopped −12.4%Aug 10, 2026

Learn about triangle

LABU Support and Resistance Levels

Price was turned away at a ceiling near $392.96 about 5 weeks ago and has been sliding since. On the weekly chart, the next floor below sits near $218.23 — still about 21% away.

  • Traders commonly watch $218.23 as a target (its 38.2% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $392.96 ceiling about 5 weeks ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh starting point.

Nearest auto-detected support sits near $218.40, resistance near $328.68. These are chart/swing-derived levels, not formula pivots.

Resistance
$328.68$335.45
Support
$218.40$184.00

LABU Recent Daily Prices

DateOpenHighLowClose
Aug 14, 2026$269.29$277.96$259.66$276.54
Aug 13, 2026$292.00$293.50$272.21$273.91
Aug 12, 2026$280.58$291.00$276.00$286.75
Aug 11, 2026$282.97$285.57$273.96$280.67
Aug 10, 2026$270.00$283.08$264.56$280.02
Aug 7, 2026$273.45$279.43$264.61$277.23
Aug 6, 2026$258.22$274.10$255.68$262.31
Aug 5, 2026$255.00$265.50$247.77$255.66
Aug 4, 2026$234.01$251.06$231.02$249.47
Aug 3, 2026$227.01$232.00$212.57$228.04

LABU Frequently Asked Questions

What chart pattern is LABU forming right now?
As of Aug 14, 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 $224.39.
Is a triangle bullish or bearish?
The triangle detected on LABU is a bullish pattern, projecting a measured-move target of $224.39. 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 (13,389 trades over 631 symbols), it resolved in the expected direction 51.1% of the time with an average of +0.16R. These are historical statistics, not a prediction.
What are the support and resistance levels for LABU?
Based on auto-detected, swing-derived levels (as of Aug 14, 2026), LABU's nearest support is around $218.40 and nearest resistance around $328.68.
What is the price target if LABU's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $224.39 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was LABU's closing price on Aug 14, 2026?
Daily S&P Biotech Bull 3X Shares (LABU) last closed at $276.54 on Aug 14, 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.