| BL latest price $66.1800 (3.88%) ($66.1800 - $66.4500) on Thu. Mar. 16, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 37 |
Latest Price | $66.1800(3.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.7% a day on average for past five trading days. |
Weekly Trend | BL declines -4.8% 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(64%) BOTZ(57%) ARKG(53%) BLOK(50%) ACES(42%) |
Factors Impacting BL price | BL will decline at least -1.16% in a week (0% probabilities). VIXM(-26%) TIP(-20%) SHY(-17%) IGOV(-16%) EDOC(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.16% (StdDev 2.32%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
| |
|
|