| LABU latest price $33.4600 (-3.71%) ($32.3200 - $35.1100) on Fri. Oct. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.61% (three month average) |
RSI | 59 |
Latest Price | $33.4600(-3.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.1% a day on average for past five trading days. |
Weekly Trend | LABU advances 5.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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 -2.305% in a week (0% probabilities). VXX(-55%) VIXM(-53%) TLT(-12%) UUP(-8%) IGOV(-0%) |
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 | -2.305% (StdDev 4.61%) |
Hourly BBV | 0 () |
Intraday Trend | -3.3% |
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