| LABU latest price $28.6000 (12.6%) ($25.6800 - $28.8000) on Wed. Feb. 17, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.25% (three month average) |
RSI | 46 |
Latest Price | $28.6000(12.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 6.7% a day on average for past five trading days. |
Weekly Trend | LABU declines -8.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LABU advance at 0% a week (0% probability) IBB(92%) ARKG(86%) IWO(80%) ARKK(78%) IWC(72%) |
Factors Impacting LABU price | LABU will decline at least -4.125% in a week (0% probabilities). VIXM(-24%) TLT(-17%) UUP(-13%) SHY(-7%) 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 | -4.125% (StdDev 8.25%) |
Hourly BBV | 0 () |
Intraday Trend | 7.2% |
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