| BL latest price $74.3200 (2.89%) ($71.0400 - $74.3200) on Fri. Mar. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 46 |
Latest Price | $74.3200(2.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 2% a day on average for past five trading days. |
Weekly Trend | BL declines -2.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(64%) IWM(62%) IBUY(60%) IVW(60%) IWF(60%) |
Factors Impacting BL price | BL will decline at least -1.645% in a week (0% probabilities). VIXM(-31%) UUP(-30%) TBT(-15%) VXX(-10%) EDOC(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 | -1.645% (StdDev 3.29%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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