| BL latest price $27.0000 (-2.7%) ($26.4000 - $27.4500) on Tue. Nov. 22, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.09% (three month average) |
RSI | 71 |
Latest Price | $27.0000(-2.7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.1% a day on average for past five trading days. |
Market Behavior | Normal 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 -2.045% in a week (0% probabilities). VIXM(-13%) UUP(-10%) TBT(-1%) SHY(-1%) GDXJ(-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 | -2.045% (StdDev 4.09%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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