| BB latest price $6.5700 (4.29%) ($6.3500 - $6.6000) on Wed. Aug. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.29% (three month average) |
RSI | 74 |
Latest Price | $6.5700(4.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BB advances 2% a day on average for past five trading days. |
Weekly Trend | BB advances 3.4% 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 BB advance at 0% a week (0% probability) QQQ(99%) XHB(97%) BLOK(96%) IBUY(93%) IPO(93%) |
Factors Impacting BB price | BB will decline at least -2.145% in a week (0% probabilities). UUP(-54%) TBT(-25%) USO(13%) XOP(19%) OIH(28%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.145% (StdDev 4.29%) |
Hourly BBV | 1.4 () |
Intraday Trend | 3.3% |
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