| BL latest price $53.5550 (-1.91%) ($53.5550 - $53.5550) on Thu. May. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.56% (three month average) |
RSI | 28 |
Latest Price | $53.5550(-1.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 1% a day on average for past five trading days. |
Weekly Trend | BL declines -3.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) ARKK(57%) BOTZ(54%) ARKG(43%) BLOK(41%) ACES(40%) |
Factors Impacting BL price | BL will decline at least -1.28% in a week (0% probabilities). VXX(-21%) VIXM(-17%) SMH(-17%) SHY(-15%) IGOV(-14%) |
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 | -1.28% (StdDev 2.56%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
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