| BB latest price $11.6800 (2.37%) ($11.4100 - $12.0120) on Wed. Sep. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.87% (three month average) |
RSI | 65 |
Latest Price | $11.6800(2.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BB advances 1.7% a day on average for past five trading days. |
Weekly Trend | BB advances 7.1% 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) ARKK(77%) IPO(77%) IBUY(76%) IWO(76%) SKYY(76%) |
Factors Impacting BB price | BB will decline at least -2.935% in a week (0% probabilities). VIXM(-59%) VXX(-48%) UUP(-32%) TLT(-8%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.935% (StdDev 5.87%) |
Hourly BBV | 1 () |
Intraday Trend | 2.3% |
| |
|
|