| LABU latest price $37.7400 (0.08%) ($37.2800 - $41.1100) on Thu. Apr. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 11.31% (three month average) |
RSI | 78 |
Latest Price | $37.7400(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 4.2% a day on average for past five trading days. |
Weekly Trend | LABU advances 27.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(90%) ARKG(88%) ARKK(81%) IWO(80%) IPO(73%) |
Factors Impacting LABU price | LABU will decline at least -5.655% in a week (0% probabilities). VIXM(-48%) VXX(-47%) UUP(-22%) TLT(-3%) XLC(2%) |
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 | -5.655% (StdDev 11.31%) |
Hourly BBV | 0.5 () |
Intraday Trend | -1.9% |
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