| BL latest price $47.1700 (-6.02%) ($46.6900 - $51.7000) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 32 |
Latest Price | $47.1700(-6.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.3% a day on average for past five trading days. |
Weekly Trend | BL declines -11.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock 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 -2.025% 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 | -2.025% (StdDev 4.05%) |
Hourly BBV | 0 () |
Intraday Trend | -6% |
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