| LABU latest price $57.9900 (0.52%) ($56.2710 - $58.8300) on Thu. Feb. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.08% (three month average) |
RSI | 44 |
Latest Price | $57.9900(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.8% a day on average for past five trading days. |
Weekly Trend | LABU declines -2.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(91%) ARKG(88%) ARKK(83%) IWO(82%) IPO(76%) |
Factors Impacting LABU price | LABU will decline at least -2.04% in a week (0% probabilities). VXX(-55%) VIXM(-53%) TLT(-11%) UUP(-8%) SHY(-3%) |
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 | -2.04% (StdDev 4.08%) |
Hourly BBV | 0.8 () |
Intraday Trend | -1.4% |
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