| LABU latest price $78.1600 (8.56%) ($72.6700 - $78.8800) on Thu. Aug. 31, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.75% (three month average) |
RSI | 79 |
Latest Price | $78.1600(8.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 4.1% a day on average for past five trading days. |
Weekly Trend | LABU advances 10% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -2.375% in a week (0% probabilities). VIXM(-20%) UUP(-17%) TLT(-15%) SHY(-4%) IGOV(-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 | -2.375% (StdDev 4.75%) |
Hourly BBV | 0 () |
Intraday Trend | 7.5% |
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