| BL latest price $51.8500 (1.59%) ($51.4000 - $52.7100) on Fri. May. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 63 |
Latest Price | $51.8500(1.59%) |
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 3.1% a week on average for past two weeks. |
Market Behavior | Normal 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%) IPO(59%) IBUY(55%) IWF(55%) IWO(55%) |
Factors Impacting BL price | BL will decline at least -1.085% in a week (0% probabilities). VXX(-19%) UUP(-15%) VIXM(-8%) IFRA(-6%) TBT(-4%) |
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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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