| BL latest price $47.8600 (-0.6%) ($47.2300 - $48.3300) on Fri. Oct. 25, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.57% (three month average) |
RSI | 50 |
Latest Price | $47.8600(-0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.6% a day on average for past five trading days. |
Weekly Trend | BL declines -0.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(65%) IPO(63%) IBUY(60%) IWF(59%) IWO(59%) |
Factors Impacting BL price | BL will decline at least -2.285% in a week (0% probabilities). VIXM(-38%) VXX(-20%) UUP(-16%) TBT(-4%) IGOV(-0%) |
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 | -2.285% (StdDev 4.57%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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