| LABU latest price $112.2200 (3.46%) ($108.5600 - $112.4200) on Thu. Jul. 12, 2018. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.87% (three month average) |
| RSI | 53 |
| Latest Price | $112.2200(3.46%) |
| 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 5% a week on average for past two weeks. |
| Market Behavior | Broad based rally for large cap. Growth stock 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 -1.935% in a week (0% probabilities).
VXX(-24%) UUP(-18%) VIXM(-16%) TLT(-14%) IFRA(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.935% (StdDev 3.87%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.8% |
| | |
| |
|