| LABD latest price $3776.0000 (5.06%) ($3574.0000 - $3858.0000) on Thu. Dec. 22, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.1% (three month average) |
RSI | 58 |
Latest Price | $3776.0000(5.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABD advances 2.3% a day on average for past five trading days. |
Weekly Trend | LABD advances 3.3% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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%) UUP(11%) TLT(10%) SHY(6%) IPO(3%) |
Factors Impacting LABD price | LABD will decline at least -3.55% in a week (0% probabilities). IBB(-91%) XBI(-89%) IWO(-81%) ARKG(-77%) IWC(-74%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.55% (StdDev 7.1%) |
Hourly BBV | 0 () |
Intraday Trend | 5.6% |
| |
|
|