| BL latest price $82.3800 (3.18%) ($80.1900 - $83.4200) on Fri. Sep. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 47 |
Latest Price | $82.3800(3.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.6% a day on average for past five trading days. |
Weekly Trend | BL declines -4.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(63%) IPO(62%) IWO(62%) IBUY(61%) IWF(60%) |
Factors Impacting BL price | BL will decline at least -1.625% in a week (0% probabilities). VIXM(-32%) UUP(-27%) VXX(-15%) TBT(-13%) IGOV(-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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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