| LABU latest price $41.1000 (8.93%) ($38.1000 - $41.3700) on Wed. Jul. 27, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 6.7% (three month average) |
| RSI | 69 |
| Latest Price | $41.1000(8.93%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 3.5% a day on average for past five trading days. |
| Weekly Trend | LABU advances 7.1% a week on average for past two weeks. |
| Market Behavior | Value stocks sell-off for large cap. Growth stock 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 -3.35% 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. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -3.35% (StdDev 6.7%) |
| Hourly BBV | 0 () |
| Intraday Trend | 7.2% |
| | |
| |
|