| BL latest price $50.1900 (1.29%) ($49.0800 - $55.3850) on Tue. Mar. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 33 |
Latest Price | $50.1900(1.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 3.4% a day on average for past five trading days. |
Weekly Trend | BL declines -12.6% 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%) IWF(61%) IBUY(60%) IWO(60%) |
Factors Impacting BL price | BL will decline at least -2.005% in a week (0% probabilities). VIXM(-37%) VXX(-19%) UUP(-18%) TBT(-6%) IGOV(3%) |
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 | -2.005% (StdDev 4.01%) |
Hourly BBV | 0 () |
Intraday Trend | -5.9% |
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