| LABU latest price $42.3100 (-2.98%) ($42.2000 - $44.9000) on Tue. May. 28, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5.51% (three month average) |
| RSI | 41 |
| Latest Price | $42.3100(-2.98%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.8% a day on average for past five trading days. |
| Weekly Trend | LABU declines -2.4% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -2.755% in a week (0% probabilities).
VXX(-55%) TLT(-13%) VIXM(-9%) UUP(-7%) 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 | -2.755% (StdDev 5.51%) |
| Hourly BBV | 0 () |
| Intraday Trend | -3.8% |
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