| LABU latest price $52.8500 (5.78%) ($49.7600 - $53.0600) on Fri. Feb. 22, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 7.24% (three month average) |
| RSI | 56 |
| Latest Price | $52.8500(5.78%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.6% a day on average for past five trading days. |
| Weekly Trend | LABU advances 3% a week on average for past two weeks. |
| Market Behavior | Growth stock 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 -3.62% 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. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -3.62% (StdDev 7.24%) |
| Hourly BBV | 0 () |
| Intraday Trend | 4.3% |
| | |
| |
|