| LABU latest price $75.7000 (5.99%) ($72.3300 - $77.0900) on Fri. Dec. 8, 2017. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.37% (three month average) |
| RSI | 58 |
| Latest Price | $75.7000(5.99%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.2% a day on average for past five trading days. |
| Weekly Trend | LABU declines -0.2% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Normal 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 -1.685% 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. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.685% (StdDev 3.37%) |
| Hourly BBV | 0 () |
| Intraday Trend | 4.2% |
| | |
| |
|