| BB latest price $7.5600 (7.08%) ($7.1000 - $7.6396) on Fri. Jan. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.6% (three month average) |
RSI | 38 |
Latest Price | $7.5600(7.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BB advances 2.8% a day on average for past five trading days. |
Weekly Trend | BB declines -2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support BB advance at 0% a week (0% probability) XRT(57%) IWC(52%) IBUY(47%) PEJ(47%) FIVG(46%) |
Factors Impacting BB price | BB will decline at least -2.3% in a week (0% probabilities). VXX(-19%) VIXM(-18%) UUP(-17%) TLT(-4%) IGOV(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -2.3% (StdDev 4.6%) |
Hourly BBV | 0 () |
Intraday Trend | 4.7% |
| |
|
|