| LABU latest price $109.0600 (1.65%) ($105.1500 - $109.9500) on Mon. Mar. 12, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.22% (three month average) |
RSI | 71 |
Latest Price | $109.0600(1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2.2% a day on average for past five trading days. |
Weekly Trend | LABU advances 6.2% a week on average for past two weeks. |
Market Behavior | Normal 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 -2.61% in a week (0% probabilities). VIXM(-18%) UUP(-18%) TLT(-15%) SHY(-3%) VXX(-1%) |
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 | -2.61% (StdDev 5.22%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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