| BB latest price $12.8500 (0.47%) ($12.0100 - $12.9450) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.14% (three month average) |
RSI | 93 |
Latest Price | $12.8500(0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BB advances 10.5% a day on average for past five trading days. |
Weekly Trend | BB advances 34.8% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off 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 -3.07% 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 | -3.07% (StdDev 6.14%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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