| LABU latest price $37.1000 (-1.36%) ($36.6000 - $38.4700) on Mon. Apr. 25, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.25% (three month average) |
RSI | 66 |
Latest Price | $37.1000(-1.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.2% a day on average for past five trading days. |
Weekly Trend | LABU advances 3.1% a week on average for past two weeks. |
Market Behavior | Value stocks 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(87%) IWO(80%) ARKK(78%) IWC(72%) |
Factors Impacting LABU price | LABU will decline at least -4.125% in a week (0% probabilities). VIXM(-23%) TLT(-16%) UUP(-14%) SHY(-6%) IBUY(-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 | -1% |
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