| BL latest price $35.2600 (2.59%) ($34.4500 - $35.3800) on Fri. Oct. 27, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 73 |
Latest Price | $35.2600(2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.6% a day on average for past five trading days. |
Weekly Trend | BL advances 1.8% 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(60%) IBUY(55%) IWF(55%) IWO(55%) QQQ(55%) |
Factors Impacting BL price | BL will decline at least -1.405% in a week (0% probabilities). VIXM(-13%) UUP(-10%) SHY(-2%) GDXJ(-2%) TLT(-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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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