| LABU latest price $90.2000 (-5.29%) ($86.6400 - $93.7200) on Thu. Nov. 5, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.17% (three month average) |
RSI | 64 |
Latest Price | $90.2000(-5.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 2.7% a day on average for past five trading days. |
Weekly Trend | LABU advances 12.1% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) ARKG(85%) IWO(80%) IWM(72%) SKYY(69%) |
Factors Impacting LABU price | LABU will decline at least -4.585% 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 | -4.585% (StdDev 9.17%) |
Hourly BBV | 0 () |
Intraday Trend | -3.3% |
| |
|
|