| LABU latest price $103.0000 (0.74%) ($99.0300 - $103.7400) on Mon. Jun. 18, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5% (three month average) |
RSI | 76 |
Latest Price | $103.0000(0.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.9% a day on average for past five trading days. |
Weekly Trend | LABU advances 3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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%) IWO(83%) ARKK(82%) IWC(75%) |
Factors Impacting LABU price | LABU will decline at least -2.5% in a week (0% probabilities). VXX(-25%) UUP(-18%) VIXM(-17%) TLT(-14%) SHY(-2%) |
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 | -2.5% (StdDev 5%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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