| BL latest price $70.8350 (3.38%) ($70.8350 - $70.9000) on Thu. Sep. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.58% (three month average) |
RSI | 41 |
Latest Price | $70.8350(3.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.9% a day on average for past five trading days. |
Weekly Trend | BL declines -2.6% 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%) IBUY(56%) IVW(56%) IWC(56%) |
Factors Impacting BL price | BL will decline at least -1.79% 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 | -1.79% (StdDev 3.58%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
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