| BB latest price $12.3500 (25.51%) ($10.5800 - $12.3900) on Tue. Jan. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.15% (three month average) |
RSI | 88 |
Latest Price | $12.3500(25.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BB advances 11.3% a day on average for past five trading days. |
Weekly Trend | BB advances 19.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BB advance at 0% a week (0% probability) XRT(58%) IWC(52%) PEJ(47%) IBUY(46%) IWM(46%) |
Factors Impacting BB price | BB will decline at least -3.075% in a week (0% probabilities). VXX(-19%) VIXM(-18%) UUP(-17%) TLT(-4%) UNG(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 | -3.075% (StdDev 6.15%) |
Hourly BBV | 0 () |
Intraday Trend | 13.8% |
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