| LABU latest price $228.3600 (5.72%) ($217.8000 - $229.3600) on Thu. Jul. 16, 2015. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 5.24% (three month average) |
| RSI | 61 |
| Latest Price | $228.3600(5.72%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 5.2% a day on average for past five trading days. |
| Weekly Trend | LABU advances 8.2% a week on average for past two weeks. |
| Market Behavior | Value stock rally for large cap. Normal for small cap. |
| Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability)
IBB(92%) IWM(72%) QQQ(68%) XLV(65%) SPY(63%) |
| Factors Impacting LABU price | LABU will decline at least -2.62% in a week (0% probabilities).
VIXM(-28%) TLT(-18%) UUP(-8%) SHY(-8%) IGOV(-5%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.62% (StdDev 5.24%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.8% |
| | |
| |
|