| LABD latest price $5472.0000 (3.71%) ($5206.0000 - $5484.0000) on Mon. Oct. 31, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.3% (three month average) |
RSI | 83 |
Latest Price | $5472.0000(3.71%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 3.2% a day on average for past five trading days. |
Weekly Trend | LABD advances 8.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally 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%) IGOV(1%) |
Factors Impacting LABD price | LABD will decline at least -2.65% in a week (0% probabilities). IBB(-91%) XBI(-89%) IWO(-80%) ARKG(-78%) IWC(-74%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.65% (StdDev 5.3%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
| |
|
|