| LABU latest price $41.4000 (5.24%) ($38.4700 - $41.7400) on Mon. Sep. 16, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.94% (three month average) |
| RSI | 60 |
| Latest Price | $41.4000(5.24%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 3.2% a day on average for past five trading days. |
| Weekly Trend | LABU advances 5.1% a week on average for past two weeks. |
| Market Behavior | Growth stock sell-off for large cap. Value stock 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 -2.47% in a week (0% probabilities).
VXX(-55%) VIXM(-52%) TLT(-12%) UUP(-7%) IGOV(-1%) |
| 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 | -2.47% (StdDev 4.94%) |
| Hourly BBV | 0 () |
| Intraday Trend | 6.3% |
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