| LABU latest price $32.8200 (5.91%) ($31.3000 - $32.8600) on Tue. May. 24, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 7.7% (three month average) |
| RSI | 68 |
| Latest Price | $32.8200(5.91%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 4.2% a day on average for past five trading days. |
| Weekly Trend | LABU advances 8.8% 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(87%) IWO(80%) ARKK(78%) IWC(72%) |
| Factors Impacting LABU price | LABU will decline at least -3.85% 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 | -3.85% (StdDev 7.7%) |
| Hourly BBV | 0 () |
| Intraday Trend | 2.9% |
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