| LABU latest price $42.2000 (4.22%) ($40.0000 - $43.7000) on Tue. Aug. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.82% (three month average) |
RSI | 43 |
Latest Price | $42.2000(4.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.2% a day on average for past five trading days. |
Weekly Trend | LABU declines -4% 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(76%) |
Factors Impacting LABU price | LABU will decline at least -2.41% in a week (0% probabilities). VXX(-55%) VIXM(-53%) TLT(-13%) UUP(-7%) IFRA(-6%) |
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 | -2.41% (StdDev 4.82%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
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