| LABD latest price $6884.0000 (-6.29%) ($6810.0000 - $7682.0000) on Tue. Dec. 8, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.1% (three month average) |
RSI | 46 |
Latest Price | $6884.0000(-6.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.1% a day on average for past five trading days. |
Weekly Trend | LABD advances 0.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(23%) TLT(13%) UUP(9%) SHY(8%) IGOV(2%) |
Factors Impacting LABD price | LABD will decline at least -4.05% in a week (0% probabilities). IBB(-92%) XBI(-90%) 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 | -4.05% (StdDev 8.1%) |
Hourly BBV | 0 () |
Intraday Trend | -9.4% |
| |
|
|