| LABU latest price $49.5900 (4.69%) ($46.6200 - $49.7800) on Thu. Jan. 31, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 8.15% (three month average) |
| RSI | 53 |
| Latest Price | $49.5900(4.69%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 2.1% a day on average for past five trading days. |
| Weekly Trend | LABU declines -0.5% 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%) IPO(75%) |
| Factors Impacting LABU price | LABU will decline at least -4.075% in a week (0% probabilities).
VXX(-23%) UUP(-20%) TLT(-13%) VIXM(-11%) XHB(-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 | -4.075% (StdDev 8.15%) |
| Hourly BBV | 0 () |
| Intraday Trend | 6.4% |
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