| BL latest price $62.2950 (0.67%) ($61.8100 - $65.3200) on Fri. Jan. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.72% (three month average) |
RSI | 88 |
Latest Price | $62.2950(0.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 2.4% a day on average for past five trading days. |
Weekly Trend | BL advances 6.4% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -0.86% 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 | -0.86% (StdDev 1.72%) |
Hourly BBV | 0 () |
Intraday Trend | -3% |
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