| LABU latest price $114.4200 (4.57%) ($108.5800 - $114.5300) on Thu. Dec. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.67% (three month average) |
RSI | 81 |
Latest Price | $114.4200(4.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.7% a day on average for past five trading days. |
Weekly Trend | LABU advances 13.6% 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(90%) ARKG(89%) IWO(83%) ARKK(82%) IPO(75%) |
Factors Impacting LABU price | LABU will decline at least -2.835% in a week (0% probabilities). VIXM(-50%) VXX(-46%) UUP(-23%) IGOV(-3%) TBT(-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 | -2.835% (StdDev 5.67%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.7% |
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