| BL latest price $65.8300 (3.42%) ($65.8300 - $65.8600) on Wed. Mar. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.41% (three month average) |
RSI | 54 |
Latest Price | $65.8300(3.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1% a day on average for past five trading days. |
Weekly Trend | BL advances 1% 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(61%) BOTZ(56%) ARKG(51%) BLOK(46%) ACES(43%) |
Factors Impacting BL price | BL will decline at least -1.205% in a week (0% probabilities). VXX(-28%) VIXM(-26%) EDOC(-21%) SHY(-20%) TIP(-17%) |
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 | -1.205% (StdDev 2.41%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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