| BL latest price $68.5200 (3.61%) ($68.5200 - $68.6900) on Wed. Sep. 7, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.56% (three month average) |
RSI | 34 |
Latest Price | $68.5200(3.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.3% a day on average for past five trading days. |
Weekly Trend | BL declines -3.6% 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(59%) IWM(58%) IVW(57%) IBUY(56%) IWC(56%) |
Factors Impacting BL price | BL will decline at least -1.78% in a week (0% probabilities). UUP(-34%) TBT(-18%) VIXM(-16%) VXX(-9%) EDOC(5%) |
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 | -1.78% (StdDev 3.56%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0% |
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