| LABU latest price $56.9600 (11.62%) ($54.6500 - $57.3900) on Mon. Dec. 3, 2018. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.98% (three month average) |
| RSI | 63 |
| Latest Price | $56.9600(11.62%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 3.4% a day on average for past five trading days. |
| Weekly Trend | LABU advances 6.7% 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%) IPO(75%) |
| Factors Impacting LABU price | LABU will decline at least -3.49% in a week (0% probabilities).
VXX(-24%) UUP(-18%) TLT(-14%) VIXM(-13%) DIA(-4%) |
| 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 | -3.49% (StdDev 6.98%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.4% |
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