| LABU latest price $63.2900 (-2.74%) ($62.4700 - $66.7000) on Tue. Aug. 8, 2017. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.49% (three month average) |
| RSI | 46 |
| Latest Price | $63.2900(-2.74%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.4% a day on average for past five trading days. |
| Weekly Trend | LABU declines -5.6% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Growth stock 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 -2.245% 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 | -2.245% (StdDev 4.49%) |
| Hourly BBV | 0 () |
| Intraday Trend | -3.4% |
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