| LABU latest price $107.8800 (-1.79%) ($106.4900 - $111.5300) on Tue. Jul. 10, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.89% (three month average) |
RSI | 50 |
Latest Price | $107.8800(-1.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.9% a day on average for past five trading days. |
Weekly Trend | LABU advances 0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -1.945% in a week (0% probabilities). VXX(-24%) UUP(-18%) VIXM(-16%) 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 | -1.945% (StdDev 3.89%) |
Hourly BBV | 0 () |
Intraday Trend | -2.3% |
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