| LABU latest price $41.4800 (33.38%) ($36.6900 - $41.9600) on Wed. Nov. 9, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.08% (three month average) |
RSI | 58 |
Latest Price | $41.4800(33.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 9.6% a day on average for past five trading days. |
Weekly Trend | LABU declines -4.1% 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(88%) IWO(81%) ARKK(80%) IWC(73%) |
Factors Impacting LABU price | LABU will decline at least -3.54% in a week (0% probabilities). VIXM(-21%) TLT(-16%) UUP(-14%) SHY(-5%) IPO(-4%) |
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 | -3.54% (StdDev 7.08%) |
Hourly BBV | 0 () |
Intraday Trend | 8% |
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