| BL latest price $49.7100 (4.65%) ($48.4000 - $52.6200) on Thu. Nov. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 65 |
Latest Price | $49.7100(4.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.3% a day on average for past five trading days. |
Weekly Trend | BL advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal 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 -1.095% in a week (0% probabilities). VIXM(-38%) VXX(-20%) UUP(-17%) 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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 0 () |
Intraday Trend | -2.5% |
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