| BL latest price $132.7400 (-0.54%) ($132.7400 - $132.7400) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 48 |
Latest Price | $132.7400(-0.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.9% a day on average for past five trading days. |
Weekly Trend | BL advances 0.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(64%) SKYY(64%) IPO(62%) IWF(62%) IBUY(61%) |
Factors Impacting BL price | BL will decline at least -1.33% in a week (0% probabilities). VIXM(-34%) UUP(-28%) VXX(-15%) TBT(-12%) IGOV(-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 | -1.33% (StdDev 2.66%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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