| LABU latest price $53.0300 (-3.84%) ($51.8100 - $56.1500) on Mon. Dec. 2, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.15% (three month average) |
| RSI | 86 |
| Latest Price | $53.0300(-3.84%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 2.5% a day on average for past five trading days. |
| Weekly Trend | LABU advances 15.8% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based 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 -2.075% in a week (0% probabilities).
VXX(-55%) VIXM(-53%) TLT(-11%) 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 | -2.075% (StdDev 4.15%) |
| Hourly BBV | 0 () |
| Intraday Trend | -4.6% |
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