| LABU latest price $107.8200 (-6.07%) ($107.1500 - $116.1200) on Thu. Jun. 21, 2018. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.09% (three month average) |
| RSI | 60 |
| Latest Price | $107.8200(-6.07%) |
| 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 | 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%) IWO(83%) ARKK(82%) IWC(75%) |
| Factors Impacting LABU price | LABU will decline at least -2.545% in a week (0% probabilities).
VXX(-25%) UUP(-18%) VIXM(-17%) TLT(-14%) XLC(-3%) |
| 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 | -2.545% (StdDev 5.09%) |
| Hourly BBV | 0 () |
| Intraday Trend | -6.1% |
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