| BL latest price $34.3200 (-1.94%) ($34.1500 - $35.0100) on Mon. Jan. 8, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 47 |
Latest Price | $34.3200(-1.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | BL advances 0.9% a day on average for past five trading days. |
Weekly Trend | BL declines -0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support BL advance at 0% a week (0% probability) SKYY(60%) IBUY(55%) IWF(55%) IWO(55%) QQQ(55%) |
Factors Impacting BL price | BL will decline at least -0.925% in a week (0% probabilities). VIXM(-13%) UUP(-11%) SHY(-2%) 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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
| |
|
|