| LABU latest price $59.1200 (4.92%) ($55.8400 - $59.1380) on Mon. Feb. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 53 |
Latest Price | $59.1200(4.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.5% a day on average for past five trading days. |
Weekly Trend | LABU advances 5.2% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(83%) IWO(82%) IPO(76%) |
Factors Impacting LABU price | LABU will decline at least -2.025% 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 | -2.025% (StdDev 4.05%) |
Hourly BBV | 2.2 () |
Intraday Trend | 5.3% |
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