| LABU latest price $50.8700 (14.39%) ($44.1500 - $51.1200) on Mon. Feb. 27, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.41% (three month average) |
RSI | 70 |
Latest Price | $50.8700(14.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.8% a day on average for past five trading days. |
Weekly Trend | LABU advances 4.2% a week on average for past two weeks. |
Market Behavior | Value stock 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(82%) ARKK(81%) IWC(74%) |
Factors Impacting LABU price | LABU will decline at least -2.705% in a week (0% probabilities). VIXM(-21%) UUP(-16%) TLT(-14%) SHY(-4%) 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 | -2.705% (StdDev 5.41%) |
Hourly BBV | 0 () |
Intraday Trend | 14.4% |
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