| LABU latest price $125.8900 (0.28%) ($118.0090 - $128.0000) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.32% (three month average) |
RSI | 82 |
Latest Price | $125.8900(0.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2.8% a day on average for past five trading days. |
Weekly Trend | LABU advances 13.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock 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 -2.66% in a week (0% probabilities). VIXM(-51%) VXX(-46%) UUP(-22%) TBT(-1%) UNG(-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 | -2.66% (StdDev 5.32%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.7% |
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