| LABU latest price $93.6000 (2.68%) ($85.8400 - $97.2800) on Tue. Nov. 3, 2015. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 9.15% (three month average) |
| RSI | 75 |
| Latest Price | $93.6000(2.68%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 3.7% a day on average for past five trading days. |
| Weekly Trend | LABU advances 9.4% a week on average for past two weeks. |
| Market Behavior | Normal for large cap. Value stock rally for small cap. |
| Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability)
IBB(92%) ARKG(85%) IWO(80%) IWM(72%) SKYY(69%) |
| Factors Impacting LABU price | LABU will decline at least -4.575% in a week (0% probabilities).
VIXM(-26%) TLT(-17%) UUP(-11%) SHY(-8%) IGOV(-4%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -4.575% (StdDev 9.15%) |
| Hourly BBV | 0 () |
| Intraday Trend | 4% |
| | |
| |
|