| BL latest price $67.8700 (1.18%) ($67.8700 - $68.2000) on Wed. May. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 39 |
Latest Price | $67.8700(1.18%) |
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 -1.3% 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 -1.625% in a week (0% probabilities). UUP(-30%) VIXM(-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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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