| BL latest price $29.5900 (0.51%) ($29.4700 - $30.3700) on Tue. Feb. 21, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 74 |
Latest Price | $29.5900(0.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.6% a day on average for past five trading days. |
Weekly Trend | BL advances 2.9% 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%) IBUY(54%) IWF(54%) IWO(54%) QQQ(53%) |
Factors Impacting BL price | BL will decline at least -0.99% in a week (0% probabilities). VIXM(-13%) UUP(-11%) 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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
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