| BL latest price $55.9900 (-1.69%) ($55.9500 - $57.9000) on Thu. Sep. 27, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 55 |
Latest Price | $55.9900(-1.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.2% a day on average for past five trading days. |
Weekly Trend | BL advances 1.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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 -0.97% in a week (0% probabilities). VXX(-14%) VIXM(-12%) UUP(-12%) TBT(-2%) GDXJ(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.97% (StdDev 1.94%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
| |
|
|