| BL latest price $66.4350 (-1.31%) ($66.4350 - $66.4350) on Mon. Aug. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 63 |
Latest Price | $66.4350(-1.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1% a day on average for past five trading days. |
Weekly Trend | BL advances 1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(58%) IVW(57%) IWF(57%) IWM(57%) SPY(56%) |
Factors Impacting BL price | BL will decline at least -2.005% in a week (0% probabilities). UUP(-34%) VIXM(-18%) TBT(-17%) VXX(-9%) EDOC(8%) |
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 | -2.005% (StdDev 4.01%) |
Hourly BBV | -0.9 () |
Intraday Trend | 0% |
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