| LABU latest price $109.9100 (3.89%) ($104.2800 - $110.4200) on Tue. Jul. 17, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.83% (three month average) |
RSI | 61 |
Latest Price | $109.9100(3.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABU advances 7% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -1.915% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.915% (StdDev 3.83%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
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