| LABD latest price $9344.0000 (20.82%) ($7320.0000 - $9824.0000) on Fri. Sep. 25, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.97% (three month average) |
RSI | 57 |
Latest Price | $9344.0000(20.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 9.3% a day on average for past five trading days. |
Market Behavior | Growth stock sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(24%) TLT(13%) SHY(8%) UUP(8%) IGOV(2%) |
Factors Impacting LABD price | LABD will decline at least -4.485% in a week (0% probabilities). IBB(-92%) XBI(-91%) IWO(-80%) ARKG(-77%) IWM(-72%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.485% (StdDev 8.97%) |
Hourly BBV | 0 () |
Intraday Trend | 27.3% |
| |
|
|