| LABU latest price $32.5200 (10.31%) ($28.0400 - $34.0000) on Mon. Mar. 7, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 8.66% (three month average) |
RSI | 63 |
Latest Price | $32.5200(10.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 6.5% a day on average for past five trading days. |
Weekly Trend | LABU advances 6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(77%) IWC(72%) |
Factors Impacting LABU price | LABU will decline at least -4.33% in a week (0% probabilities). VIXM(-24%) TLT(-16%) UUP(-14%) SHY(-7%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.33% (StdDev 8.66%) |
Hourly BBV | 0 () |
Intraday Trend | 12.6% |
| |
|
|