| BL latest price $61.3500 (-3.23%) ($60.7900 - $64.4600) on Wed. Feb. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 64 |
Latest Price | $61.3500(-3.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.6% a day on average for past five trading days. |
Weekly Trend | BL advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -0.865% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.865% (StdDev 1.73%) |
Hourly BBV | 0 () |
Intraday Trend | -4.6% |
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