| BL latest price $36.7600 (-2.75%) ($36.7200 - $38.8300) on Tue. Jun. 27, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 72 |
Latest Price | $36.7600(-2.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.1% a day on average for past five trading days. |
Weekly Trend | BL advances 6.4% a week on average for past two weeks. |
Market Behavior | Broad based 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) SKYY(59%) IBUY(54%) IWF(54%) IWO(54%) QQQ(54%) |
Factors Impacting BL price | BL will decline at least -0.93% in a week (0% probabilities). VIXM(-13%) UUP(-11%) IPO(-3%) GDXJ(-2%) TLT(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.93% (StdDev 1.86%) |
Hourly BBV | 0 () |
Intraday Trend | -3.8% |
| |
|
|