| LABU latest price $66.2100 (6.14%) ($63.0000 - $66.4600) on Fri. Apr. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.55% (three month average) |
RSI | 54 |
Latest Price | $66.2100(6.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2.1% a day on average for past five trading days. |
Weekly Trend | LABU advances 2.4% 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%) ARKK(82%) IWO(82%) IPO(75%) |
Factors Impacting LABU price | LABU will decline at least -2.775% in a week (0% probabilities). VXX(-23%) UUP(-20%) TLT(-13%) VIXM(-10%) IFRA(-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 | -2.775% (StdDev 5.55%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
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