| LABU latest price $86.5600 (-2.92%) ($86.2800 - $90.6400) on Wed. Dec. 30, 2015. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.86% (three month average) |
| RSI | 61 |
| Latest Price | $86.5600(-2.92%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.9% a day on average for past five trading days. |
| Weekly Trend | LABU advances 8.7% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
| Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability)
IBB(92%) ARKG(86%) IWO(80%) ARKK(77%) IWM(72%) |
| Factors Impacting LABU price | LABU will decline at least -3.43% in a week (0% probabilities).
VIXM(-25%) TLT(-17%) UUP(-12%) SHY(-8%) IGOV(-3%) |
| 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 | -3.43% (StdDev 6.86%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1.6% |
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