| LABU latest price $62.8200 (4.87%) ($61.6600 - $65.9900) on Tue. Jun. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.13% (three month average) |
RSI | 67 |
Latest Price | $62.8200(4.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 5.2% a day on average for past five trading days. |
Weekly Trend | LABU advances 8.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(90%) ARKG(88%) IWO(82%) ARKK(81%) IPO(73%) |
Factors Impacting LABU price | LABU will decline at least -4.065% in a week (0% probabilities). VIXM(-48%) VXX(-46%) UUP(-23%) XLC(-4%) IYT(-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 | -4.065% (StdDev 8.13%) |
Hourly BBV | 1 () |
Intraday Trend | 1.4% |
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