| LABU latest price $28.2900 (11.73%) ($26.3500 - $28.4500) on Wed. Jun. 29, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 7.16% (three month average) |
| RSI | 40 |
| Latest Price | $28.2900(11.73%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 0.3% a day on average for past five trading days. |
| Weekly Trend | LABU declines -8.3% 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(79%) IWC(72%) |
| Factors Impacting LABU price | LABU will decline at least -3.58% in a week (0% probabilities).
VIXM(-23%) UUP(-15%) TLT(-15%) SHY(-5%) IPO(-1%) |
| 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 | -3.58% (StdDev 7.16%) |
| Hourly BBV | 0 () |
| Intraday Trend | 4.2% |
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