| LABU latest price $105.2300 (2.83%) ($101.7500 - $106.0800) on Wed. Aug. 29, 2018. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.69% (three month average) |
| RSI | 65 |
| Latest Price | $105.2300(2.83%) |
| 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 5.1% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock 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 -1.845% in a week (0% probabilities).
VXX(-24%) UUP(-19%) VIXM(-16%) TLT(-14%) SHY(-2%) |
| 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 | -1.845% (StdDev 3.69%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.3% |
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