| BL latest price $55.9500 (-2.35%) ($55.7500 - $55.9500) on Mon. Oct. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.43% (three month average) |
RSI | 47 |
Latest Price | $55.9500(-2.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.3% a day on average for past five trading days. |
Weekly Trend | BL declines -2.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IVW(56%) IWF(55%) IWO(55%) SPY(55%) IWM(54%) |
Factors Impacting BL price | BL will decline at least -1.715% in a week (0% probabilities). UUP(-27%) TBT(-11%) VIXM(-10%) VXX(-9%) SHY(6%) |
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 | -1.715% (StdDev 3.43%) |
Hourly BBV | -2.2 () |
Intraday Trend | 0% |
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