| LABU latest price $61.2800 (4.9%) ($57.9200 - $61.8700) on Wed. Feb. 27, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 7.32% (three month average) |
| RSI | 66 |
| Latest Price | $61.2800(4.9%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 3.3% a day on average for past five trading days. |
| Weekly Trend | LABU advances 7.6% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability)
IBB(91%) ARKG(88%) ARKK(82%) IWO(82%) IPO(75%) |
| Factors Impacting LABU price | LABU will decline at least -3.66% in a week (0% probabilities).
VXX(-23%) UUP(-20%) TLT(-13%) VIXM(-11%) XHB(-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 | -3.66% (StdDev 7.32%) |
| Hourly BBV | 0 () |
| Intraday Trend | 5.5% |
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