| BL latest price $61.1700 (0.43%) ($59.5700 - $61.2850) on Fri. Jan. 31, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.64% (three month average) |
RSI | 75 |
Latest Price | $61.1700(0.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.3% a day on average for past five trading days. |
Weekly Trend | BL advances 1.9% 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(61%) IWF(60%) IWO(60%) |
Factors Impacting BL price | BL will decline at least -0.82% in a week (0% probabilities). VIXM(-38%) VXX(-20%) UUP(-17%) IGOV(-5%) TBT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.82% (StdDev 1.64%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
| |
|
|