| LABU latest price $82.6400 (12.96%) ($74.8000 - $82.8800) on Wed. Dec. 16, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.34% (three month average) |
RSI | 42 |
Latest Price | $82.6400(12.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 1.9% a day on average for past five trading days. |
Weekly Trend | LABU declines -11.6% 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(92%) ARKG(86%) IWO(80%) ARKK(77%) IWM(72%) |
Factors Impacting LABU price | LABU will decline at least -4.17% in a week (0% probabilities). VIXM(-26%) TLT(-18%) UUP(-12%) SHY(-8%) IGOV(-3%) |
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 | -4.17% (StdDev 8.34%) |
Hourly BBV | 0 () |
Intraday Trend | 9% |
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