| BL latest price $76.4300 (3.49%) ($76.4300 - $77.9300) on Thu. Feb. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 54 |
Latest Price | $76.4300(3.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1.9% a day on average for past five trading days. |
Weekly Trend | BL advances 2.8% 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) ARKK(60%) BOTZ(55%) ARKG(51%) BLOK(47%) IWO(43%) |
Factors Impacting BL price | BL will decline at least -2.005% in a week (0% probabilities). VIXM(-24%) TIP(-15%) SHY(-15%) IGOV(-12%) TLT(-10%) |
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 | -2.005% (StdDev 4.01%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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