| LABU latest price $34.4700 (5.03%) ($33.1300 - $34.7300) on Wed. May. 25, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.71% (three month average) |
RSI | 71 |
Latest Price | $34.4700(5.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 4.1% a day on average for past five trading days. |
Weekly Trend | LABU advances 11.2% 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 -3.855% 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 | -3.855% (StdDev 7.71%) |
Hourly BBV | 0 () |
Intraday Trend | 2.4% |
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