| BL latest price $70.8500 (-4.55%) ($70.8500 - $70.8500) on Tue. Sep. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.52% (three month average) |
RSI | 55 |
Latest Price | $70.8500(-4.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.3% a day on average for past five trading days. |
Weekly Trend | BL advances 2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IWO(59%) IWM(58%) IVW(57%) IWF(57%) SPY(57%) |
Factors Impacting BL price | BL will decline at least -1.76% in a week (0% probabilities). UUP(-34%) TBT(-17%) VIXM(-16%) 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 | -1.76% (StdDev 3.52%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0% |
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