| BL latest price $49.9400 (-5.08%) ($49.2350 - $51.3600) on Wed. Apr. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 47 |
Latest Price | $49.9400(-5.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.1% a day on average for past five trading days. |
Weekly Trend | BL advances 5.9% 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(62%) IBUY(60%) IWF(60%) IWO(59%) |
Factors Impacting BL price | BL will decline at least -2.275% in a week (0% probabilities). VIXM(-35%) UUP(-28%) VXX(-17%) TBT(-10%) UNG(5%) |
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 | -2.275% (StdDev 4.55%) |
Hourly BBV | 0 () |
Intraday Trend | -2.8% |
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