| LABD latest price $6298.0000 (5.92%) ($5860.0000 - $6350.0000) on Tue. Jul. 19, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.68% (three month average) |
RSI | 28 |
Latest Price | $6298.0000(5.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 1.4% a day on average for past five trading days. |
Weekly Trend | LABD declines -7.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LABD advance at 0% a week (0% probability) VIXM(19%) TLT(11%) UUP(10%) SHY(6%) IPO(3%) |
Factors Impacting LABD price | LABD will decline at least -3.34% in a week (0% probabilities). IBB(-91%) XBI(-89%) IWO(-80%) ARKG(-77%) IWM(-73%) |
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 | -3.34% (StdDev 6.68%) |
Hourly BBV | 0 () |
Intraday Trend | 4.5% |
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