| LABU latest price $84.0900 (8.02%) ($76.2100 - $84.1000) on Tue. Jan. 2, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 63 |
Latest Price | $84.0900(8.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.7% a day on average for past five trading days. |
Weekly Trend | LABU advances 7.1% 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%) IWO(83%) ARKK(82%) IWC(75%) |
Factors Impacting LABU price | LABU will decline at least -1.81% in a week (0% probabilities). VIXM(-20%) UUP(-18%) TLT(-15%) SHY(-4%) IGOV(-0%) |
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 | -1.81% (StdDev 3.62%) |
Hourly BBV | 0 () |
Intraday Trend | 7.4% |
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