| LABU latest price $68.9900 (-0.13%) ($65.8000 - $70.6900) on Thu. Nov. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.48% (three month average) |
RSI | 51 |
Latest Price | $68.9900(-0.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.9% a day on average for past five trading days. |
Weekly Trend | LABU declines -0.1% 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(90%) ARKG(88%) IWO(82%) ARKK(81%) IPO(74%) |
Factors Impacting LABU price | LABU will decline at least -3.24% in a week (0% probabilities). VIXM(-50%) VXX(-46%) UUP(-23%) EDOC(-6%) TBT(-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 | -3.24% (StdDev 6.48%) |
Hourly BBV | 0.7 () |
Intraday Trend | -2.4% |
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