| LABU latest price $55.1400 (2.68%) ($52.6000 - $55.4600) on Thu. Sep. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6% (three month average) |
RSI | 76 |
Latest Price | $55.1400(2.68%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 3.7% a day on average for past five trading days. |
Weekly Trend | LABU advances 13.2% 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(88%) IWO(81%) ARKK(79%) IWC(73%) |
Factors Impacting LABU price | LABU will decline at least -3% in a week (0% probabilities). VIXM(-21%) TLT(-15%) UUP(-14%) SHY(-5%) 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% (StdDev 6%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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