| LABU latest price $78.0900 (-2.73%) ($74.9000 - $80.4700) on Tue. Sep. 5, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.66% (three month average) |
RSI | 76 |
Latest Price | $78.0900(-2.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2.6% a day on average for past five trading days. |
Weekly Trend | LABU advances 14.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.33% in a week (0% probabilities). VIXM(-20%) UUP(-17%) TLT(-14%) 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 | -2.33% (StdDev 4.66%) |
Hourly BBV | 0 () |
Intraday Trend | -1.5% |
| |
|
|