| BL latest price $64.0500 (-2.09%) ($63.0300 - $64.0500) on Mon. Jul. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.16% (three month average) |
RSI | 40 |
Latest Price | $64.0500(-2.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.8% a day on average for past five trading days. |
Weekly Trend | BL declines -6.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(58%) IVW(57%) IWF(56%) IWM(56%) QQQ(55%) |
Factors Impacting BL price | BL will decline at least -2.08% in a week (0% probabilities). UUP(-32%) VIXM(-19%) TBT(-17%) VXX(-9%) EDOC(2%) |
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 | -2.08% (StdDev 4.16%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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