| LABD latest price $3548.0000 (-5.89%) ($3492.0000 - $3664.0000) on Mon. Oct. 10, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.24% (three month average) |
RSI | 57 |
Latest Price | $3548.0000(-5.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABD advances 5.6% 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 LABD advance at 0% a week (0% probability) VIXM(19%) TLT(11%) UUP(10%) SHY(6%) IPO(3%) |
Factors Impacting LABD price | LABD will decline at least -2.62% in a week (0% probabilities). IBB(-91%) XBI(-89%) IWO(-80%) ARKG(-78%) IWC(-74%) |
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 | -2.62% (StdDev 5.24%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
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