| LABU latest price $71.7200 (2.21%) ($69.5100 - $72.5800) on Fri. Jul. 21, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.45% (three month average) |
RSI | 66 |
Latest Price | $71.7200(2.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.3% a day on average for past five trading days. |
Weekly Trend | LABU advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(91%) ARKG(88%) ARKK(82%) IWO(82%) IWC(74%) |
Factors Impacting LABU price | LABU will decline at least -2.225% in a week (0% probabilities). VIXM(-20%) UUP(-17%) TLT(-15%) SHY(-4%) IPO(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.225% (StdDev 4.45%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
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