| BL latest price $92.7700 (2.15%) ($88.1400 - $93.5900) on Wed. Sep. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.12% (three month average) |
RSI | 79 |
Latest Price | $92.7700(2.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 3.3% a day on average for past five trading days. |
Weekly Trend | BL advances 8.9% 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(64%) IPO(62%) IWO(62%) IBUY(61%) IWF(61%) |
Factors Impacting BL price | BL will decline at least -1.56% in a week (0% probabilities). VIXM(-31%) UUP(-26%) VXX(-15%) TBT(-12%) EDOC(-1%) |
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 | -1.56% (StdDev 3.12%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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