| LABU latest price $32.4100 (2.63%) ($29.7600 - $32.9200) on Tue. Apr. 12, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.19% (three month average) |
RSI | 57 |
Latest Price | $32.4100(2.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 0.9% a day on average for past five trading days. |
Weekly Trend | LABU advances 15.8% 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(87%) IWO(80%) ARKK(78%) IWC(72%) |
Factors Impacting LABU price | LABU will decline at least -4.595% in a week (0% probabilities). VIXM(-24%) TLT(-16%) UUP(-14%) SHY(-6%) IGOV(-2%) |
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 | -4.595% (StdDev 9.19%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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