| LABU latest price $35.7100 (2.59%) ($34.7100 - $37.3200) on Thu. Jul. 21, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 6.71% (three month average) |
| RSI | 71 |
| Latest Price | $35.7100(2.59%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 2.6% a day on average for past five trading days. |
| Weekly Trend | LABU advances 4.4% a week on average for past two weeks. |
| Market Behavior | Broad based 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(79%) IWC(72%) |
| Factors Impacting LABU price | LABU will decline at least -3.355% in a week (0% probabilities).
VIXM(-22%) TLT(-15%) UUP(-14%) SHY(-5%) IPO(-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 | -3.355% (StdDev 6.71%) |
| Hourly BBV | 0 () |
| Intraday Trend | -1% |
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