| BL latest price $27.7500 (0.8%) ($26.2500 - $28.5000) on Mon. Nov. 21, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 72 |
Latest Price | $27.7500(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 3.4% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(58%) IBUY(53%) IWF(53%) IWO(53%) QQQ(52%) |
Factors Impacting BL price | BL will decline at least -2.055% in a week (0% probabilities). VIXM(-13%) UUP(-10%) IPO(-2%) TBT(-1%) SHY(-1%) |
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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 0 () |
Intraday Trend | -2.6% |
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