| BL latest price $27.0000 (3.05%) ($25.9000 - $27.1600) on Tue. Dec. 20, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 48 |
Latest Price | $27.0000(3.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.5% a day on average for past five trading days. |
Weekly Trend | BL declines -2.2% a week on average for past two weeks. |
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%) IWO(54%) IBUY(53%) IWF(53%) QQQ(53%) |
Factors Impacting BL price | BL will decline at least -1.65% in a week (0% probabilities). VIXM(-13%) UUP(-10%) GDXJ(-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 | -1.65% (StdDev 3.3%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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