| LABU latest price $28.3600 (5.74%) ($26.2000 - $28.9200) on Wed. May. 18, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 7.8% (three month average) |
| RSI | 43 |
| Latest Price | $28.3600(5.74%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 3% a day on average for past five trading days. |
| Weekly Trend | LABU declines -6.1% a week on average for past two weeks. |
| Market Behavior | Normal 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(87%) IWO(80%) ARKK(78%) IWC(72%) |
| Factors Impacting LABU price | LABU will decline at least -3.9% in a week (0% probabilities).
VIXM(-23%) TLT(-16%) UUP(-14%) SHY(-6%) 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 | -3.9% (StdDev 7.8%) |
| Hourly BBV | 0 () |
| Intraday Trend | 7.8% |
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