| BL latest price $63.5700 (-1.61%) ($61.5244 - $64.2850) on Thu. Mar. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 47 |
Latest Price | $63.5700(-1.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.5% a day on average for past five trading days. |
Weekly Trend | BL declines -3.2% 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 -0.985% in a week (0% probabilities). VIXM(-38%) VXX(-20%) UUP(-18%) TBT(-5%) 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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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