| BL latest price $72.2000 (3.29%) ($70.3500 - $74.5225) on Thu. May. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.78% (three month average) |
RSI | 75 |
Latest Price | $72.2000(3.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.4% a day on average for past five trading days. |
Weekly Trend | BL advances 5.2% a week on average for past two weeks. |
Market Behavior | Normal 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(64%) IPO(62%) IWF(61%) IBUY(60%) IWO(60%) |
Factors Impacting BL price | BL will decline at least -2.39% in a week (0% probabilities). VIXM(-31%) UUP(-27%) VXX(-15%) TBT(-12%) IGOV(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 | -2.39% (StdDev 4.78%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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