| BL latest price $87.1300 (-1.88%) ($86.5600 - $90.2500) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 60 |
Latest Price | $87.1300(-1.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.7% a day on average for past five trading days. |
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(64%) IPO(62%) IWF(61%) IWO(61%) IBUY(60%) |
Factors Impacting BL price | BL will decline at least -1.305% in a week (0% probabilities). VIXM(-31%) UUP(-27%) VXX(-15%) TBT(-12%) IYT(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 | -1.305% (StdDev 2.61%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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