Trading Signals: LABU Stock Price Prediction and Forecast

^ LABU: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Tue. May. 5, 2020

Trading Signals: LABU Stock Price Prediction and Forecast (Thu. May. 28, 2015 - Wed. Sep. 14, 2022)

(Direxion Daily S&P Biotech Bull 3X ETF)
LABU latest price $41.4400 (6.47%) ($40.6200 - $43.1300) on Tue. May. 5, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   11.59% (three month average)
RSI   71
Latest Price   $41.4400(6.47%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LABU advances 1.1% a day on average for past five trading days.
Weekly Trend   LABU advances 5.3% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support LABU advance at 0% a week (0% probability)
IBB(90%)    ARKG(88%)    ARKK(81%)    IWO(80%)    IPO(73%)
Factors Impacting LABU price   LABU will decline at least -5.795% in a week (0% probabilities).
VIXM(-48%)    VXX(-47%)    UUP(-22%)    TLT(-2%)    XLC(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -5.795% (StdDev 11.59%)
Hourly BBV 1.3 ()
Intraday Trend 1.3%

5 Day Moving Average   $38.2(8.48%)
10 Day Moving Average   $39.04(6.15%)
20 Day Moving Average   $34.95(18.57%)
To recent high   -32.9%
To recent low   182.1%
Market Cap   $N/A

Average daily price decay: -0.13%

$. LABU is a 3x leveraged ETF. You'll lose 0.13% a day on average for holding it.$. LABU price fluctuates within 16.74% (three month std-dev: 11.59%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200605

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_5_2020	43.73	34.95	39.04	38.2	37.5	39.24	41.44(6.47%)	UT	OpenLong	75	0.6	25	270	21	36	3.65	53%	-0.43	78.1	11.59%	1.3	1.1	71	1.1
2	May_4_2020	43.92	34.12	38.48	37.78	37.02	35.02	38.92(14.84%)	N/A	N/A	0	0.2	-1	-440	-10	28	3.01	54%	-0.45	75.9	11.6%	1.1	0.8	65	0.5
3	May_1_2020	44.12	33.22	38.49	38.64	37.99	35.79	33.89(-8.16%)	N/A	N/A	0	-0.7	-9	-460	-28	48	2.88	53%	-0.54	74.1	11.44%	-1.2	0.1	65	0.4
4	Apr_30_2020	44.36	32.63	38.72	40.17	40.54	39.04	36.9(-7.43%)	UD	OpenLong	65	-0.5	16	-230	-7	86	2.44	52%	-0.47	76.3	11.4%	-1.8	0.6	70	1.3
5	Apr_29_2020	44.57	31.78	38.16	40.34	41.04	40.27	39.86(1.32%)	UD	OpenLong	65	-0.1	21	-80	-5	100	3.55	52%	-0.42	71.9	11.37%	-0.6	1.1	76	1.7

6	Apr_28_2020	44.76	30.91	37.08	39.91	40.78	42.02	39.34(-8.91%)	UD	OpenLong	75	-0.1	34	280	6	116	3.28	53%	-0.4	73.5	11.37%	-0.8	1.1	79	1.2
7	Apr_27_2020	44.94	30.08	36.2	39.2	40.03	41.78	43.19(3.95%)	UT	HoldLong	65	0.5	46	370	18	130	2.52	53%	-0.31	78.2	11.33%	1.3	1.8	79	1.4
8	Apr_24_2020	45.08	28.95	34.6	38.39	38.17	39.56	41.55(10.1%)	UT	HoldLong	65	0.5	45	240	12	143	2.68	52%	-0.29	85.3	11.33%	2.1	1.8	83	0.9
9	Apr_23_2020	45.21	28	33.15	37.16	38.04	38.26	37.74(0.08%)	UT	HoldLong	65	0.1	52	110	18	154	3.38	51%	-0.46	93.5	11.31%	0.5	1.5	78	0.4
10	Apr_22_2020	45.42	27.14	31.96	35.65	36.74	36.77	37.71(5.31%)	UT	HoldLong	65	0.3	47	100	10	156	2.36	51%	-0.39	96.7	11.32%	0.2	1.8	80	0.3

11	Apr_21_2020	45.6	26.22	30.51	33.77	34.77	37.83	35.81(-8.53%)	UD	OpenLong	75	0.4	48	700	16	144	3.49	51%	-0.39	95.9	11.3%	-0.1	1.7	69	-0.2
12	Apr_20_2020	45.78	25.24	29.37	32.66	32.8	36.71	39.15(10.69%)	UT	OpenLong	75	1.2	70	850	43	151	5.31	51%	-0.37	91.7	11.27%	1.1	2.5	71	0.6
13	Apr_17_2020	45.95	24.07	27.43	30.26	30.37	31.67	35.37(17%)	UT	OpenLong	75	1.1	51	310	28	118	2.76	51%	-0.24	79	11.27%	1.8	2.4	71	1.2
14	Apr_16_2020	46.06	23.14	25.95	28.62	28.5	28.8	30.23(6.93%)	UT	OpenLong	75	0.4	27	60	6	88	3.21	49%	-0.56	73.4	11.06%	0.9	1.7	62	1.1
15	Apr_15_2020	46.32	22.36	24.84	27.73	27.9	29.07	28.27(-6.58%)	UD	OpenLong	75	0.1	29	310	13	78	2.57	49%	-0.56	46.5	11.03%	0.5	1.4	64	1.1

16	Apr_14_2020	46.58	21.76	24.24	26.68	27.05	28.21	30.26(11.33%)	UT	OpenLong	75	0.9	32	340	18	74	2.49	50%	-0.49	13.6	11.01%	1.5	2.1	69	1.5
17	Apr_13_2020	46.81	21.03	23.46	25.54	25.71	26.74	27.18(0.04%)	UT	OpenLong	75	0.4	32	300	17	77	1.67	48%	-0.4	-15.9	10.96%	0.7	1.7	73	1.2
18	Apr_9_2020	47	20.83	22.85	24.12	24.99	25.9	27.17(5.47%)	UT	OpenLong	75	0.9	33	360	20	71	3.25	48%	-0.4	-52.9	10.9%	1.1	1.9	72	0.9
19	Apr_8_2020	47.19	20.46	22.41	22.88	23.32	24.7	25.76(11.76%)	UT	OpenLong	75	0.8	31	470	18	69	2.06	48%	-0.42	-84.2	10.88%	1.3	1.4	68	0.9
20	Apr_7_2020	47.39	20.59	21.91	21.53	22.1	24.08	23.05(-6%)	UD	OpenLong	75	0.3	27	710	14	65	3.63	47%	-0.4	-80.5	10.78%	0.2	0.5	70	0.8

21	Apr_6_2020	47.58	21.22	21.61	21.42	20.95	21.92	24.52(22.11%)	UT	OpenLong	75	0.5	28	260	12	76	3.42	47%	-0.38	-76.1	10.76%	1.5	0.6	67	0.8
22	Apr_3_2020	47.76	21.63	20.8	21.14	20.71	20.1	20.08(-4.29%)	UD	OpenLong	65	-0.1	16	-270	-3	72	1.83	43%	-0.42	-64.2	10.37%	-0.1	-0.2	63	0.1
23	Apr_2_2020	47.96	22.81	20.5	21.4	21.25	19.98	20.98(10.42%)	UD	OpenLong	65	-0	4	-440	-12	53	2.9	43%	-0.44	-51.6	10.37%	-0.2	-0.2	49	-0.1
24	Apr_1_2020	48.17	24.14	20.16	21.87	21.77	21.32	19(-15.71%)	UD	OpenLong	65	-0.3	5	-160	-12	55	3.03	42%	-0.45	-42.3	10.27%	-2.1	-0.5	53	-0.4
25	Mar_31_2020	48.39	25.72	19.79	22.28	22.56	22.55	22.54(-2.38%)	UD	OpenLong	75	0	12	30	7	26	2.72	43%		-39.4	10.19%	-1.1	-0.3	46	-0.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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