| BL latest price $53.2500 (1.35%) ($52.1600 - $53.3100) on Tue. Feb. 26, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 77 |
Latest Price | $53.2500(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.7% a day on average for past five trading days. |
Weekly Trend | BL advances 4.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(60%) IPO(59%) IBUY(55%) IWF(55%) IWO(55%) |
Factors Impacting BL price | BL will decline at least -1.26% in a week (0% probabilities). UUP(-14%) VXX(-13%) VIXM(-8%) IFRA(-5%) TBT(-3%) |
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 | -1.26% (StdDev 2.52%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
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