| LABU latest price $56.6200 (-0.98%) ($55.5000 - $59.2500) on Tue. Nov. 6, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 37 |
Latest Price | $56.6200(-0.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.2% a day on average for past five trading days. |
Weekly Trend | LABU declines -6.9% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -2.87% in a week (0% probabilities). VXX(-24%) UUP(-19%) VIXM(-15%) TLT(-14%) DIA(-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 | -2.87% (StdDev 5.74%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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