| LABU latest price $44.5200 (-6.67%) ($44.2000 - $46.9800) on Mon. Jan. 14, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.82% (three month average) |
RSI | 82 |
Latest Price | $44.5200(-6.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABU advances 27.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based 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%) IPO(75%) |
Factors Impacting LABU price | LABU will decline at least -4.41% in a week (0% probabilities). VXX(-23%) UUP(-20%) TLT(-13%) VIXM(-11%) DIA(-9%) |
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 | -4.41% (StdDev 8.82%) |
Hourly BBV | 0 () |
Intraday Trend | -3.5% |
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