| BL latest price $57.9700 (18.28%) ($57.9700 - $57.9700) on Fri. Nov. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.18% (three month average) |
RSI | 46 |
Latest Price | $57.9700(18.28%) |
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 -3.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) IVW(56%) IWF(55%) SPY(55%) IWO(54%) QQQ(54%) |
Factors Impacting BL price | BL will decline at least -2.09% in a week (0% probabilities). UUP(-25%) VIXM(-9%) VXX(-8%) TBT(-8%) SHY(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 | -2.09% (StdDev 4.18%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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