| BL latest price $68.0300 (3.88%) ($68.0300 - $68.2200) on Thu. Apr. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 43 |
Latest Price | $68.0300(3.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.5% a day on average for past five trading days. |
Weekly Trend | BL declines -2.7% 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(62%) IWM(60%) IVW(59%) IWF(59%) SKYY(59%) |
Factors Impacting BL price | BL will decline at least -1.675% in a week (0% probabilities). VIXM(-29%) UUP(-29%) TBT(-15%) VXX(-10%) UNG(10%) |
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 | -1.675% (StdDev 3.35%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
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