| LABU latest price $56.0500 (-4.79%) ($55.7000 - $59.0000) on Tue. Jan. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 50 |
Latest Price | $56.0500(-4.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1% a day on average for past five trading days. |
Weekly Trend | LABU advances 2.2% a week on average for past two weeks. |
Market Behavior | Value stocks 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 -1.84% 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 | -1.84% (StdDev 3.68%) |
Hourly BBV | 0 () |
Intraday Trend | -3.4% |
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