| LABU latest price $59.2500 (2.46%) ($57.5000 - $60.8000) on Wed. Jan. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.67% (three month average) |
RSI | 40 |
Latest Price | $59.2500(2.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABU declines -2.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based 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 -1.835% in a week (0% probabilities). VXX(-55%) VIXM(-53%) TLT(-11%) UUP(-8%) UNG(6%) |
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 | -1.835% (StdDev 3.67%) |
Hourly BBV | 0.9 () |
Intraday Trend | 2.8% |
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