| BL latest price $73.0000 (0.56%) ($73.0000 - $73.0000) on Thu. May. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.48% (three month average) |
RSI | 65 |
Latest Price | $73.0000(0.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 2% a day on average for past five trading days. |
Weekly Trend | BL advances 14.7% 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(60%) IWM(58%) IVW(57%) IWF(57%) QQQ(56%) |
Factors Impacting BL price | BL will decline at least -1.74% in a week (0% probabilities). UUP(-31%) VIXM(-24%) TBT(-16%) VXX(-9%) EDOC(7%) |
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 | -1.74% (StdDev 3.48%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0% |
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