| LABU latest price $63.3400 (5.18%) ($58.0200 - $63.5700) on Thu. Mar. 21, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 6.28% (three month average) |
| RSI | 48 |
| Latest Price | $63.3400(5.18%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.8% a day on average for past five trading days. |
| Weekly Trend | LABU advances 3.1% 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 -3.14% in a week (0% probabilities).
VXX(-23%) UUP(-20%) TLT(-13%) VIXM(-10%) IFRA(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -3.14% (StdDev 6.28%) |
| Hourly BBV | 0 () |
| Intraday Trend | 8.5% |
| | |
| |
|