| BL latest price $127.6000 (2.85%) ($127.6000 - $127.6000) on Mon. Mar. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 30 |
Latest Price | $127.6000(2.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.7% a day on average for past five trading days. |
Weekly Trend | BL declines -7.5% 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) IWO(65%) SKYY(64%) IBUY(63%) IPO(63%) IWF(63%) |
Factors Impacting BL price | BL will decline at least -1.38% in a week (0% probabilities). VIXM(-35%) UUP(-29%) VXX(-15%) TBT(-11%) IGOV(-9%) |
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 | -1.38% (StdDev 2.76%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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