| LABU latest price $48.3400 (-1.89%) ($45.7800 - $48.9300) on Tue. Nov. 15, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.08% (three month average) |
RSI | 70 |
Latest Price | $48.3400(-1.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LABU advances 8.1% a day on average for past five trading days. |
Weekly Trend | LABU advances 28.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock 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%) 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 | -3.54% (StdDev 7.08%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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