| BL latest price $53.6100 (2.43%) ($51.9100 - $53.6100) on Fri. Aug. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 47 |
Latest Price | $53.6100(2.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.5% 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. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SMH(88%) IVW(71%) JNK(67%) SPY(67%) HYG(65%) |
Factors Impacting BL price | BL will decline at least -1.22% in a week (0% probabilities). VXX(-71%) VIXM(-68%) TBT(-37%) UUP(-32%) XBI(-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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 3.1 () |
Intraday Trend | 0% |
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