| LABU latest price $45.0300 (5.93%) ($42.3500 - $45.6000) on Wed. Nov. 21, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.53% (three month average) |
RSI | 37 |
Latest Price | $45.0300(5.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2% a day on average for past five trading days. |
Weekly Trend | LABU declines -12.3% a week on average for past two weeks. |
Market Behavior | Growth stock 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(89%) IWO(83%) ARKK(82%) IWC(75%) |
Factors Impacting LABU price | LABU will decline at least -3.265% in a week (0% probabilities). VXX(-24%) UUP(-18%) VIXM(-14%) TLT(-14%) DIA(-4%) |
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 | -3.265% (StdDev 6.53%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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