| LABU latest price $62.2700 (3.08%) ($59.2000 - $62.4900) on Mon. Dec. 23, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 67 |
Latest Price | $62.2700(3.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.7% a day on average for past five trading days. |
Weekly Trend | LABU advances 3.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -1.95% 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 | -1.95% (StdDev 3.9%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.4% |
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