| BL latest price $42.9000 (-3.42%) ($42.5900 - $44.6499) on Thu. Jun. 7, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.08% (three month average) |
RSI | 68 |
Latest Price | $42.9000(-3.42%) |
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 3.8% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off 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 -1.04% in a week (0% probabilities). VXX(-14%) VIXM(-12%) UUP(-12%) 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 | -1.04% (StdDev 2.08%) |
Hourly BBV | 0 () |
Intraday Trend | -3.6% |
| |
|
|