| LABU latest price $27.3600 (-15.87%) ($27.0400 - $32.6800) on Tue. Mar. 8, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.81% (three month average) |
RSI | 50 |
Latest Price | $27.3600(-15.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.4% a day on average for past five trading days. |
Weekly Trend | LABU advances 6.6% 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%) IWC(72%) |
Factors Impacting LABU price | LABU will decline at least -4.405% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -4.405% (StdDev 8.81%) |
Hourly BBV | 0 () |
Intraday Trend | -15.9% |
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