| BL latest price $101.0000 (2.87%) ($98.6649 - $101.0600) on Fri. Oct. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 69 |
Latest Price | $101.0000(2.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.5% a day on average for past five trading days. |
Weekly Trend | BL advances 4.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(63%) SKYY(63%) IPO(62%) IBUY(61%) IWF(61%) |
Factors Impacting BL price | BL will decline at least -1.65% 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 | -1.65% (StdDev 3.3%) |
Hourly BBV | 0 () |
Intraday Trend | 2.2% |
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