| BL latest price $26.8500 (-2.01%) ($26.3600 - $28.1322) on Tue. Dec. 27, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.23% (three month average) |
RSI | 58 |
Latest Price | $26.8500(-2.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.5% a day on average for past five trading days. |
Weekly Trend | BL advances 3.3% 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 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 -1.615% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.615% (StdDev 3.23%) |
Hourly BBV | 0 () |
Intraday Trend | -2.8% |
| |
|
|