| LABU latest price $39.5800 (-0.23%) ($38.5100 - $40.5800) on Fri. Sep. 20, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.58% (three month average) |
| RSI | 59 |
| Latest Price | $39.5800(-0.23%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.1% a day on average for past five trading days. |
| Weekly Trend | LABU advances 6% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Normal 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 -2.29% in a week (0% probabilities).
VXX(-55%) VIXM(-53%) TLT(-12%) UUP(-7%) IGOV(-1%) |
| 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 | -2.29% (StdDev 4.58%) |
| Hourly BBV | 0 () |
| Intraday Trend | -0.8% |
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