| LABU latest price $119.5100 (0.56%) ($112.3310 - $125.7410) on Fri. Jan. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.34% (three month average) |
RSI | 54 |
Latest Price | $119.5100(0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.6% a day on average for past five trading days. |
Weekly Trend | LABU declines -5% 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) ARKG(90%) IBB(90%) IWO(83%) ARKK(82%) IWC(76%) |
Factors Impacting LABU price | LABU will decline at least -2.67% in a week (0% probabilities). VIXM(-51%) VXX(-47%) UUP(-23%) UNG(-1%) 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 | -2.67% (StdDev 5.34%) |
Hourly BBV | 0.7 () |
Intraday Trend | 1.2% |
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