| LABU latest price $39.2500 (0%) ($38.1800 - $39.7900) on Tue. Nov. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.39% (three month average) |
RSI | 72 |
Latest Price | $39.2500(0%) |
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 5.5% a week on average for past two weeks. |
Market Behavior | Normal 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 -2.195% in a week (0% probabilities). VXX(-55%) VIXM(-53%) TLT(-11%) UUP(-7%) 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 | -2.195% (StdDev 4.39%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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