| BL latest price $53.8200 (-0.26%) ($53.3500 - $54.1550) on Fri. Nov. 29, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 87 |
Latest Price | $53.8200(-0.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.4% a day on average for past five trading days. |
Weekly Trend | BL advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(65%) IPO(63%) IBUY(60%) IWO(60%) IWF(59%) |
Factors Impacting BL price | BL will decline at least -1.075% 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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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