| LABU latest price $220.8000 (-4.68%) ($210.8000 - $231.6400) on Tue. Jul. 21, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.12% (three month average) |
RSI | 62 |
Latest Price | $220.8000(-4.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.3% a day on average for past five trading days. |
Weekly Trend | LABU advances 11.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(67%) XLV(65%) SPY(63%) |
Factors Impacting LABU price | LABU will decline at least -2.56% in a week (0% probabilities). VIXM(-28%) TLT(-17%) 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 | -2.56% (StdDev 5.12%) |
Hourly BBV | 0 () |
Intraday Trend | -4.7% |
| |
|
|