| LABU latest price $71.4200 (0.93%) ($70.4300 - $72.3000) on Fri. Nov. 24, 2017. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.23% (three month average) |
| RSI | 27 |
| Latest Price | $71.4200(0.93%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.4% a day on average for past five trading days. |
| Weekly Trend | LABU declines -4.9% a week on average for past two weeks. |
| Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
| Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability)
IBB(91%) ARKG(88%) IWO(83%) ARKK(82%) IWC(75%) |
| Factors Impacting LABU price | LABU will decline at least -1.615% in a week (0% probabilities).
VIXM(-20%) UUP(-18%) TLT(-15%) SHY(-4%) IGOV(-0%) |
| 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 | -1.615% (StdDev 3.23%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.3% |
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