| LABU latest price $69.7200 (3.49%) ($66.4140 - $69.8550) on Wed. Nov. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.41% (three month average) |
RSI | 61 |
Latest Price | $69.7200(3.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.2% a day on average for past five trading days. |
Weekly Trend | LABU advances 6.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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(74%) |
Factors Impacting LABU price | LABU will decline at least -3.205% in a week (0% probabilities). VIXM(-50%) VXX(-46%) UUP(-22%) EDOC(-7%) TBT(-3%) |
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 | -3.205% (StdDev 6.41%) |
Hourly BBV | 1.2 () |
Intraday Trend | 2.5% |
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