| BL latest price $55.4900 (0.8%) ($55.1300 - $55.9400) on Thu. Jan. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 75 |
Latest Price | $55.4900(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.1% a day on average for past five trading days. |
Weekly Trend | BL advances 1.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(65%) IPO(63%) IBUY(60%) IWF(60%) IWO(60%) |
Factors Impacting BL price | BL will decline at least -0.81% in a week (0% probabilities). VIXM(-38%) VXX(-20%) UUP(-17%) TBT(-4%) TLT(2%) |
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 | -0.81% (StdDev 1.62%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
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