| BL latest price $41.2500 (-0.27%) ($41.1100 - $41.7500) on Wed. Apr. 18, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 67 |
Latest Price | $41.2500(-0.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.8% a day on average for past five trading days. |
Weekly Trend | BL advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(61%) IBUY(56%) IWF(56%) IWO(56%) QQQ(56%) |
Factors Impacting BL price | BL will decline at least -1.305% in a week (0% probabilities). VIXM(-12%) UUP(-12%) DRIV(-9%) GDXJ(-2%) DIA(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.305% (StdDev 2.61%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
| |
|
|