| LABU latest price $33.7200 (7.15%) ($31.7500 - $34.0300) on Tue. Oct. 15, 2019. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 4.62% (three month average) |
| RSI | 45 |
| Latest Price | $33.7200(7.15%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 2.9% a day on average for past five trading days. |
| Weekly Trend | LABU declines -0.2% 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(76%) |
| Factors Impacting LABU price | LABU will decline at least -2.31% in a week (0% probabilities).
VXX(-55%) VIXM(-53%) TLT(-12%) UUP(-8%) IGOV(-0%) |
| 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 | -2.31% (StdDev 4.62%) |
| Hourly BBV | 0 () |
| Intraday Trend | 5.5% |
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