| LABU latest price $52.0500 (3.5%) ($50.0100 - $52.0500) on Tue. Jun. 13, 2017. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 3.96% (three month average) |
| RSI | 62 |
| Latest Price | $52.0500(3.5%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | LABU advances 1.1% a day on average for past five trading days. |
| Weekly Trend | LABU advances 4.9% 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(91%) ARKG(88%) IWO(82%) ARKK(81%) IWC(74%) |
| Factors Impacting LABU price | LABU will decline at least -1.98% in a week (0% probabilities).
VIXM(-20%) UUP(-16%) TLT(-14%) SHY(-3%) 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 | -1.98% (StdDev 3.96%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.8% |
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