| LABU latest price $61.3700 (7.29%) ($57.9400 - $61.6500) on Tue. Aug. 22, 2017. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 4.6% (three month average) |
| RSI | 49 |
| Latest Price | $61.3700(7.29%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.5% a day on average for past five trading days. |
| Weekly Trend | LABU declines -3.9% 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(91%) ARKG(88%) ARKK(82%) IWO(82%) IWC(75%) |
| Factors Impacting LABU price | LABU will decline at least -2.3% in a week (0% probabilities).
VIXM(-20%) UUP(-17%) TLT(-15%) SHY(-4%) IGOV(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.3% (StdDev 4.6%) |
| Hourly BBV | 0 () |
| Intraday Trend | 5.7% |
| | |
| |
|