| BB latest price $10.7600 (-7.24%) ($10.6600 - $11.4700) on Thu. Mar. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.2% (three month average) |
RSI | 58 |
Latest Price | $10.7600(-7.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BB advances 0.1% a day on average for past five trading days. |
Weekly Trend | BB advances 6.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BB advance at 0% a week (0% probability) PEJ(65%) IBUY(63%) IWC(61%) IWO(61%) IPO(60%) |
Factors Impacting BB price | BB will decline at least -5.1% in a week (0% probabilities). VIXM(-41%) VXX(-38%) UUP(-26%) TLT(-9%) IGOV(-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 | -5.1% (StdDev 10.2%) |
Hourly BBV | -2.3 () |
Intraday Trend | -5.2% |
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