| LABU latest price $49.8400 (6.07%) ($47.7900 - $50.7900) on Tue. Apr. 25, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 60 |
Latest Price | $49.8400(6.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2.3% a day on average for past five trading days. |
Weekly Trend | LABU advances 3.4% 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(92%) ARKG(88%) IWO(82%) ARKK(81%) IWC(74%) |
Factors Impacting LABU price | LABU will decline at least -2.14% in a week (0% probabilities). VIXM(-21%) UUP(-16%) TLT(-14%) SHY(-4%) IPO(-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 | -2.14% (StdDev 4.28%) |
Hourly BBV | 0 () |
Intraday Trend | 3.5% |
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